Yeah, yeah, a big surge. I know. But do you notice a trend here, longer-term, perhaps?
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.
Beat ‘Em Back
Many of you are aware my friend Northy’s OPEX chart, which shows that, almost without exception, options expiration weeks are screamingly bullish for stocks. I was quite torn about this a week ago, because I was loaded to the gills with shorts, and I loved the setups, but the chart he shared basically set “get out and be safe.”
I decided to do neither, and with the week nearly over, it seems that it worked out OK. Perhaps this week was one of those exceptions, and for that I am grateful. In particular, I continue to be totally obsessed with what oil is doing. When I hit the sack last night, crude was up over a full percentage point, and it was appearing worrisome. As it is now, hope is blossoming again:
