First of all, RuffPup left something in the comments section I found surprisingly interesting, which is this photo:
Some Q & A
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
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.
(more…)Past Saving
About a week ago, I did a post called Mondo Destructo which mentioned that I had gathered up 170 symbols into a shared watch list called Destructo which housed all the most-battered equities from the selloff (remember that? The one that ended on March 23 so suddenly?)
On the whole, these battered stocks have been the ones bouncing the strongest. I must say, however, that some of these are in such dreadful condition, even in this hyper-stimulated “market” of ours, that I can only assume they’re heading for the dustbin of corporate history. Check out these poor beasts:
Rally Bear Flag Setup Much Improved
My last few posts have been a coronavirus COVID-19 series, so I’m putting in the links here so as to refer back to them easily for now. These are the eleven posts so far. I’m planning to finish this series with a post on the likely economic impact of COVID-19 over the coming year, and a look at the interesting search for scapegoats that is now getting started, with the obvious targets being the very strange behavior of both China and the WHO as this crisis was developing. That should conclude this series in the next week or two, though economies and markets will likely take quite a while longer to get back to anything that we might recognize as normal.
(more…)Socially Distant Bar
