What a week, huh, folks? And this is only the third trading 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.
Financial Failure
I am having, as you might guess, a good morning thus far. I wanted to note that, regarding financials:
- 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;
- I covered my XLF short and a smattering of financial stocks.
- 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.
¡Holy Frijoles!
Santa Claws Rally
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.
