Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

The Roast!

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I love comedy, and I’m particularly fond of Comedy Central Roasts. This one is a classic from about seven years ago, and it’s incredible to listen to what’s said now that the world has changed so much (watch it to understand what I mean). YouTube is pretty good about nuking content like this, so I hope it’s still playable by the time you read this post.

“Harbinger of Doom”: Amigo 3 in Play, But Real Doom Awaits

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“The Harbinger of Doom”? Of course we (well, the media) are talking about the yield curve AKA Amigo #3 of our 3 happy-go-lucky riders of the macro. I have annoyed you repeatedly with this imagery in order to show that three important macro factors needed to finish riding before situation turns decidedly negative.

Amigo 1: SPX (or stocks in general)/Gold Ratio

Amigo 2: 30 Year Treasury Yield

Amigo 3: Yield Curve

In honor of Amigo 3’s arrival to prime time let’s have a good old fashioned Amigos update (going in reverse order) and see if we can annoy a few more people along the way. 🙂 (more…)

Financial Failure

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I am having, as you might guess, a good morning thus far. I wanted to note that, regarding financials:

  1. I sold half my XLF puts this morning for a 70% profit. I absolutely intend to double this position later when I think it is appropriate;
  2. I covered my XLF short and a smattering of financial stocks.
  3. I am selectively covering issues here and there, but intend to remain well over 100% committed. Just not as much as before.

The financials have made an important price gap down. The next task is to break October support. Good luck, Slopers.

Santa Claws Rally

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I am normally a brilliant sleeper. Not tonight. December 2018 is a month laden with decisions and news – – either good or bad – – for me. I am drenched with uncertainty and yet wrapped in faith. And I cannot sleep.

Here’s what’s happening as of this moment. The ES is crashing, although AS I AM TYPING THIS one could argue that this could be another “higher low” and we’ll just do another V bottom.

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