I decided to look at all 52 of the ETFs I followed on an intraday basis to see if I could find anything especially interesting. Well, that I did! This graph absolutely caught my attention. It’s the health care sector fund.
Sick Leave
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.
Nine Lives
On my tastytrade show today, I compared the current market to being like Michael Jordan shooting free throws in a basketball court while Jerome Powell had five huge fans aimed at the net.
You’ve got a man (Michael Jordan) with world-class skills (throwing a basketball), but he barely ever makes the basket because someone (Powell) is introducing a totally alien and unnatural outside force (the multiple powerful fans) into the system.
That’s just how trading feels now. If this was a true organic market, I would convert every asset I have into short positions. The setups are incredible. But that son-of-a-bitch Powell is there, a man who’s never had an honest job in his life, completely destroying free enterprise with his multi-trillion dollar interference. It’s grotesque, and in a different time, the man would be facing the gallows.
In spite of this, I continue to ramp up my short positions. I have 90 now. Almost every one is profitable and I’ve selected the top nine most profitable for this collection. It turns out most of these are bank-related, so maybe there’s something to be said for that. In any case, here are my top winners right now:
(more…)Weakening Pulse
Risky Real Estate
In spite of the lowest mortgage rates ever, it seems to me that real estate is done with its ridiculous countertrend rally and should be fully exhausted by this point.
Seven After the Close
Here are seven of the more important equities that are reporting their earnings after the close (by the way, the one lacking a logo is Peloton).
