How Slopers handled Fed Day:
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.
When I’m Sixty-Four
I have sixty-four……..count ’em, sixty-four………short positions. I added the seven shown below a little earlier today. Suffice it to say, today was a really good day. Death to the Fed. Death to Jay Powell. Actually, strike that last bit. He’s my friend at the moment.
Malnourished
We’re in the midst of Fed Madness, so there’s no point commenting on it. The EKG screens are going to rip up and down in a meaningless frenzy. So I’ll just toss out this chart of Vitamin Shoppe (yeah, they spell it that way; please try not to roll your eyes). This is one of those “Why does this chain even EXIST?” type businesses that Amazon will eventually smother to death.
Teva For Two and Two for Teva……
Here’s another short idea as we await Jerry Baby to try to b.s. the country some more……….Teva Pharmaceuticals. It broke a trendline not long ago:
Have You Driven a Ford………….Lately?
We’re in for a very interesting 72 hours, that’s for sure. As we await the Fed, however, here are a few charts. I’ll be watching this tinted yellow on the bonds quite carefully. This would be an appealing entry point for a short:
