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 last wrote about the SPX:VIX ratio in my post of January 31.
The SPX continued its plunge (that began on January 30) and closed near its low on Friday (spiking the VIX to a new daily swing high), as noted in this post.
The following monthly chart of the SPX:VIX ratio shows that price closed well below, what was, major support of 200 and is hovering just above the 150 Bull/Bear Line-in-the-Sand or “critical mass.”
Furthermore, the momentum indicator has fallen below the zero level, hinting of further equity weakness to come in the longer term. (more…)
I am just ITCHING for the chance to short the holy bejesus out of anything interest-sensitive, but I think we’re going to have to wait until later next week. Here’s one fine example, in the form of emerging market bonds:
……..for me to be sick! I’m truly not feeling 100%, folks, and I wish I was. These are the kinds of days I live for (although, weirdly, I took stock of my emotions, and I wasn’t at all happy………so I think I’m committed to being a total sad sack, no matter WHAT my portfolio is doing. I suck!)
Anyway, after the Apple/Amazon earnings orgasm (see circle), the NASDAQ has been showing no love to its zealots.
I came into the day with 57 short positions, and every single one is profitable (some of them obscenely so). I just sent out this post to my PLUS members celebrating a tremendous trading victory. For those of you who have financially benefited from my hard work here, I would encourage you to join Slope PLUS. Members make this place possible!