I’ve got a clean 60 short positions in my portfolio now, and – – should science fiction strike and the market actually go down more than a single day – – I’ve got a dozen more on my radar. Here they are, and click any one to get a huge version of the chart.(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.
Slopers seemed to like my Provence photos, so here are a few more I took on my last day in Marseilles.(more…)
Getting the Shaft
One of my favorite shorts remains American Axle & Manufacturing (symbol AXL). Frankly, anything to do with cars today, I’m happy to consider shorting.(more…)
I wanted to share a couple of major U.S. equity index charts with Fibonaccis, since I think they are kind of interesting. Here is the Dow Jones Composite, with anchor points at the bottom of the financial crisis and at the December 2014 peak. Take note of the 161.8% projection (dashed line) and its relationship to recent price activity.(more…)
It is so, so, so good to be home. I am a notorious homebody. If I were convicted to house arrest for the rest of my life, I would be totally OK with that. I love being home with my dogs and my computers. I need never go anywhere. As my mother might say, I have zero gypsy in me.
Anyway, I’m also glad to see that the equity market, which once again disgustingly reached the highest level in the history of the universe, got smacked down. Even better, it’s doing so for no particular reason. It’s just………weakening:(more…)