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.
Note from Tim: I’ve put together what I consider a fairly important and, hopefully, useful market update video for Gold and Diamond members which you can get to here. In fact, I consider it one of the most important market updates I’ve ever done.
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Following on from my post last week about the coronavirus COVID-19 here, we are now seeing some genuine coronavirus numbers coming through, and the numbers at the weekend weren’t great so equity markets are down this morning in response. How bad was the news? Here are this morning’s numbers:
Remember how I said to short the cruise liners? The world’s taste for floating hotels packed with morbidly obese gluttons, spreading viruses, just isn’t what it used to be. Anyway, I’ve backed off my crazy-eyed bearishness today. I think today’s action is an important first step in a much larger move, but we need a hefty bounce. Now if you’ll excuse me, I’ve got a bag of white powder to deliver to Julie, your cruise director.
Quite the morning so far. I’ve reduced from 60 positions down to 45 and from 240% committed to 166%. I’m up 8% on the day. Tightened up stops across the board. We’re at crucial support on the Dow Jones Composite.