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.
And verily God continues to smile upon Slope.
This morning, I took the very uncharacteristic tack of going bullish. I had trimmed puts. I had covered shorts. And, hold on to your hats, I bought call options in SPY, GDX, and XOP.
I also did a special post for my Gold and Diamond members laying out what I thought would take place in the coming weeks. Here is a redacted presentation, with a key word highlighted.
This is a crazy-hazardous market, with explosions and shocks happening every moment. All the same, I humbly offer one long idea, XOP, which seems smashed to smithereens.
A quick update:
Of all the wonderful emails, thank-yous, and gifts I’ve been receiving, I think the best of all was from China: they had taken it upon themselves to coordinate an Internet attack on good old Slope. (This is why many of you were experiencing slowness). I thought Slope’s surging popularity was the issue, but nope. Someone in China doesn’t like that Slope style. Suffice it to say, my crack team has dismantled this problem, and things are sailing smoothly again. Thanks, Middle Kingdom!
Now, closer to home, it’s just another day in paradise. Here is a weekly chart of the ES, showing the shameless free-fall.. Let’s keep our eyes on that trendline for support.
