Allow me a brief personal lamentation. A few blocks from my home is one of the prettiest places in Palo Alto;(more…)
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.
My name is Tim Knight. I am a human male. My pronouns are he, him, his.
I am married to a human female. That individual’s pronouns are she, her, hers.
Pretty basic, right? Of course, you know by now this is no longer the world we inhabit. Here, for example, is a snippet from the American University:(more…)
Another good day! Yep, I’m entirely short, the market reversed huge, and the ES and NQ are both green, and yet………..profits!
The more exciting thing is the setup that I believe is taking place right now. I’ve lightened up to 43 positions, but I have 45 others waiting in the wings for the right price.
Let me set aside my permabearishness and say that I think financials are primed for a bounce here. Here is XLF:(more…)
Remember our old friend Beacon Roofing? I first started talking about this chap when it burst above its uptrend late in 2017. I think there was a lot of chatter about hurricanes, and people seemed to reach the conclusion that everyone would need a new roof. Since this hurricane-fueled mania, this sucker has been grinding lower, and I was delighted to see it plunged 20% this morning. Here is BECN:(more…)
I certainly am enjoying this market. And, as always, I feel utterly alone. Everyone has been so poisoned by the past ten years, they have lost all their moorings. Attila, who typically makes me look even-handed, has been a raving bull for weeks now, shouting about 3400 on the S&P. And yet he keeps getting blown up. And that’s to say nothing of those on this very website who have, day after day, declared the dip is through.
The charts below are representative of the kinds of moves my shorts are making. Once the patterns get done, it’s showtime. And I’m covering nothing. Zip. Just tightening stops.
Oh ye of little faith.(more…)
The amount of talent at SCTV in the early 1980s was incredible: pretty much 1975 SNL level. Two of my favorites Eugene Levy and Martin Short, were in a series of clips about Jackie Rogers Jr. (basically an albino version of Sammy) running for President.
For some reason, that episode made a huge impression on me, and I looked for the clip for years. It finally appeared, to my delight, and here it is.(more…)