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.
It definitely is feeling like a stock picker’s market again, and that’s a very good feeling. I’ve been nicely profitable all day, in spite of the completely-for-no-reason countertrend rally. My short picks are defying the fake, phony, fraudulent bull market gasps.
One particular victory is Packaging Corporation of America, which has been getting firebombed the last two days. I’m holding my position.
The tone of the market certainly seems to have changed recently. The VIX managed to traverse from about 11 to nearly 17 within a matter of days, and some sectors, particularly in technology, are finally beginning to take on some meaningful damage. One glance at the intraday NQ tells the tale.
