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.

Sand Castles and Fed Waves

By -

The past two months have had the equivalent of about two years of news and market activity compressed into an incredibly tight and vivacious space. This is an incredibly difficult market to trade. Now that the weekend is upon us, allow me to reflect on an important personal anecdote and how it is informing my current approach.

The time leading up to the February 19th was a total and utter grind. It was an era of a VIX in the sub-teens and a relentless notch higher every single day for the bulls. It was horrific. And then, out of the clear blue sky (and many weeks after the virus was widely reported on the news), we got our first good, hard dip. For me, it was like a tall glass of cool water in the desert.