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.
Word on the street (as well as The Strip) is that a gaggle of Slopers have gathered in Las Vegas – – an irregularly scheduled event that has gone on for many years named SlopeFest. Regrettably, because this is a graduation/end-of-school weekend for my beloved children, I am unable to attend. There will be more pictures to come, particularly tomorrow night, but The Director was kind enough to send this first snapshot (Market Sniper, AKA Dutch, is the mustachioed chap in the back).
I’ve got a huge challenge ahead of me, trying to write up anything about this god-awful market of ours, but – – this isn’t the first time I’ve had to try to make a silk purse out of a sow’s ear.
Holy MOSES what a boring day! As I’m typing this, the ES is up .12% and the NQ is down .12%. Average ’em out, and you get…….a Saturday trading session. So I’ll just put up the good ol’ TLT chart, which is utterly core to my options portfolio (two positions – TLT and XLU January 2019 puts).
As shown below, it broken its trendline ages ago, and it’s about 90% done with what could be (if complete) one of the greatest topping patterns ever.
Maybe I’ve been playing way too much Beatles Rock Band with my kids, but I’ve developed a much deeper appreciation for all the elements that go into a single song (I’m partial to playing the bass myself). Here, as an example, is the bass line for Hey Bulldog, which is a lifelong favorite of mine.