The coup d’etat that took place on Friday near the close turned out to be a complete joke. It lasted, when, about 37 minutes, and it sounds like it was all a big charade anyway. Suffice it to say that the Bullish Beatles have returned to the yellow submarine and their fabled “sea of green” – everything is up, as federal law requires.
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.
I’m not going to do any videos this weekend. Instead, I’m going to share a portion of the positions which I am presently short. Everyone, and I mean everyone, is crazy-eyed bullish (from Dennis Gartman to Elliott Wave International), and the VIX has been banged down to the lowest level in years. If this is a bullish formula for you, terrific. For me, I’m keeping the ursine faith. Here are Sunday’s selections: