I think we can all agree the so-called “market’ is just a teeny bit obsessed at the moment:
So instead of spending all our time on a single stock that no one ever heard about a month ago, let’s drink in some of the broad indexes…….. (more…)
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.
Those Animal Spirits
In my pre-market, it’s-still-dark-outside post from this morning, I wrote, in part:
Animal spirits still abound, and there’s a certain subset of the “investor” crowd which are simply gamblers that love stuff like IQ and TLRY. Now that cryptos have crapped all over themselves, they are no longer a suitable place for the casino crowd to get their adrenalin rush. So it’s focused on stuff like TLRY which, I assure you, will look like the chart of IQ soon enough.
In case anyone didn’t really buy the notion that the same psychology was driving gambling in crypto and gambling in pot stocks, observe the intraday action today from TLRY:
Well, Well, Welltower
A new short idea for you – Welltower – which has followed a sine wave-like pattern for years. Please note (and thanks to a kind Sloper for pointing this out) the new symbol for this is WELL, having been HCN before.
Seeing the Components
To my way of thinking, there are three kinds of people in the world:
- SlopeCharts users;
- Recalcitrant infidels who insist on using inferior charting platforms;
- Those gentle souls who simply need a light to see their way to SlopeCharts
It is this third group I am particularly addressing with this post, since there are so many features in the product, it’s easy to lose sight of all there is to use and enjoy.
Today I am having an exceptionally good day with my Dow Utility put options. It occurred to me that I wasn’t acquainted with the 15 component stocks of the Utilities, and I was curious to see the stocks which comprised the index itself. SlopeCharts easily solves this problem like so: (more…)
IMHO STFU XLU IAFT
I’m delighted to report that Utilities is finally breaking down in earnest, As God Intended ™. I own a breathtaking quantity of January 2019 puts on this sucker.
