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.
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).
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.
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.
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:
