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.
Key Support Reached
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.
The Tough Part
So………how’s Phase 2 going?
I kid, I kid! Isn’t it deliciously ironic, though, that within weeks of the ridiculous “Phase 1” charade of a Chinese deal, that the source of the most brutal beat-down in years has been………..China?
Perhaps you’ve heard Mnuchin is screeching that China has to keep up their part of the deal. Can’t you just picture this nasal-voiced, mama’s-boy weasel doing this during a crisis? What a dickwad.
(more…)Midnight Cinema
Holy Lord, this is brilliant. Turn off your lights. Go to Full Screen. Enjoy.
Episode III: Return of the Bear from r/wallstreetbets
Sunday Shocker
Well, the markets have opened up again, and it’s a doozy. The moment they opened, the ES was down over 40, the NQ was down over 130, and gold was absolutely ripping. My “bearish equities, bullish bonds, bullish gold” gospel is a huge three-for-three as I’m typing this. Let’s take a quick look.
The NASDAQ is getting hit very hard.
