Whenever I have absolutely nothing pithy to say, I share some germane ETF charts. That’s my gambit tonight: here are a few ETF charts I think are worth a glance. (Follow up note: I began this post with a measure of embarrassment, but God damn, now that I’ve composed it, these charts are good; so I am once again proud).(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.
My Finest Hour
And what did today bring us? Pablum. Reassurances. Sleight of hand. And that cocaine-snorting Kudlow threatening equity bears with his so-called Ultimate Bazooka. Thus, the market soared again, approaching a SIX THOUSAND POINT GAIN on the Dow in just a couple of weeks.
And what did Tim do about it? Cry? Cower? Tremble in fear? Buy stocks like Kudlow demanded? Hell, no! I boldly wrote a NOW NOW NOW post and shorted like a son of a bitch. Here, before a candid world, do I reveal my 50 shorts, all of which closed the day profitably.(more…)
Two Closed Gaps
Through the over 5,000 Dow point explosion lately, one short which has been perpetually faithful has been gun-maker American Outdoor Brand Corporation (AOBC). This has got to be one of the most amazing H&S patterns in history, and if it completes, it portends disaster.
Now. Now. Now.
At the risk of looking like a risible buffoon, I offer the following snippet from my epiphanic post of March 21, which I created at the market’s bottom:(more…)