Christmas Cocktails
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.
Short Southwest
Crazy morning, huh? As deep as we are, I still think Southwest Airlines (LUV) is a terrific short setup. Bombs away!
PPT IMHO STFU
And to think I was worried.
Honestly, I fully expected to wake up to see the ES up 70 points. I tweeted my hand-wringing.
SPX 2400 Target Nearly Tagged…What’s Next?
Further to my post of August 6, the SPX continued to rally to top out in September about 100 points shy of an upside target of 3033, but exceeded its first target of 2900, as shown on the following updated monthly chart. The high was 2940.91 and I doubt we’ll see that matched before the end of December.
Since then, and as of Friday’s close, the SPX has plummeted and it came within eight points of reaching its first major support level of 2400, as I described in my post of December 17.
(more…)Tastyworks
Tom Sosnoff and I have had a working relationship for over twenty years. On the surface, he and I couldn’t be more different. As product-makers, however, we share a tremendous amount in common.
For those of you not acquainted with Tom, he is the widely-heralded options trader who created the thinkorswim platform (selling it to Ameritrade for over $600 million) who then went on to create tastytrade (where I broadcast a show daily), and, most recently, a new brokerage focused on options trading called tastyworks (yeah, Tom likes the name “tasty” as well as lowercase nouns).
