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.
Preface from Tim Knight: just to be really clear, this is a contribution from an outside writer, and is neither my piece nor my opinion.
As the media highlights the potential impeachment process in the coming weeks, many are so concerned that this will be the “cause” of the market drop we are expecting. Yet, history suggests otherwise.
The narrative will certainly play out as follows: The market likes certainty and stability within our government. (Please ignore that this was the same reason many claimed that the market was going to crash if Trump was elected – yet we were pounding the table in expectations of a large rally). However, an impeachment proceeding places us into a very uncertain and unstable situation within our government. Therefore, the market will react negatively to that uncertainty.(more…)
I have been having a ball learning about and using the tastyworks options trading platform. I’ve got three bearish put spreads on now, and I’m also watching videos and reading almost non-stop. This is aligned with some new products and services we are developing at Slope of Hope. (The fact that there is suddenly an “Options” menu on the home page might have tipped you off to that).
One spread I considered (but decided not to do yet, since it’s so expensive and I’m still just learning) is Alphabet, better known as Google. They announce earnings in a few weeks, and to my mind, they’re going to be hemmed in between the two zones I’ve tinted below.(more…)
Lower highs, one after another………which is more interesting than the absolutely insane China trade craziness going on under our noses.
I’ve suggested on multiple occasions that the relatively obscure agricultural fund, symbol DBA, is a proxy of the China Trade Talks optimism or pessimism. Since it seems prospects aren’t exactly great, we’re selling off on the ags, even though equities don’t’seem to care at all.
Happy New Week, everyone. I spent pretty much the whole weekend doing product planning. You options traders out there are going to love what is coming from Slope.
In the meanwhile, here’s one of my 60 existing short positions: Hyatt Hotels. I’ve got a stop at 73, and I’m looking for a repetition of what happened the last time a dome pattern completed.