It’s another fine day in Slope-land. I’m up 2.5% (completely short portfolio……….duh) while the QQQ is down 0.01%. So, yeah, I’m beating it.
Of aid here is retail:
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It’s another fine day in Slope-land. I’m up 2.5% (completely short portfolio……….duh) while the QQQ is down 0.01%. So, yeah, I’m beating it.
Of aid here is retail:
Many of you know of my fondness for being short auto retailers. This really paid off last month when such firms as O’Reilly Auto Parts……..
Well, there’s just no doubt about it. I have a lot more fun with down markets than up markets. Last week was a total kick. Today was all about defense.
It’s no shock, though. As I mentioned repeatedly last week, and during the weekend, this brief “shock spikes” in the VIX tend to vanish quickly. Until a missile actually explodes somewhere, it looks like everything is calm once more.
This weekend, I asked for requests with respect to SlopeCharts. I got a bunch of them, many of them quite helpful. One in particular was a forehead-smacker for me……..
You may recall that in the comments section, if you precede a symbol with a dollar sign, it will magically turn it into a hyperlink……
Well, until someone pointed it out, I was using FinViz – – instead of my OWN freakin’ charts!
I have corrected this, so now when you see a linked symbol, you will get SlopeCharts, as the good Lord intended. I can’t believe I didn’t realize this until a kind Sloper pointed it out. Thank you!