Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Energy Again

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I believe there’s an old saying about how it’s better to be lucky than smart. I’m seeing an example of that today, since I had been short Alere (ALR), and I closed it at a nice profit last Thursday. I see this morning that it’s up nearly 50% due to a takeover. That’s a bullet I’m glad I dodged. Sheesh!

It seems that the fantasy world of Kuroda (“negative interest rates will surely bring prosperity to the people”) has been shoved aside once more by reality from China (“down, down, down goes the economy”) and I’m seeing a lot of red that was annoying absent on Friday. Let’s hope it stays that way, with crude, once again, leading the way lower. Here’s the failed breakout:

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