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.
Well, this is awkward. Let’s drop the royal “we” for this post. I, David Pinsen, the founder of Portfolio Armor, called silver “The Family Circus of investments” a few days ago. That was an allusion to this scene in the 1999 movie Go where one character explains why he hates the comic strip The Family Circus.
Please take note that we are planning a major system upgrade this afternoon, so it’s possible the site will behave oddly (or even vanish!) during our efforts. Fear not; the market is closed, and all will be well in due time. So if we vanish, go do something you enjoy for a while. Slope will return when we’re done with our labors. Maybe tonight. Maybe in the morning. But as soon as we’re done. Promise!
I created this chart on a huge screen, so I encourage you to click on it to see it in more detail. It’s a very simple line chart: the blue line represents the S&P 500 and the black line represents interest rates.
Baby Bear sent me an article last night that I found nothing short of shocking. I received the piece late at night, but it was engaging enough that I gave it a reasonably decent skim, and that alone was enough to spook me into dumping a portion of my crypto holdings. I promised myself I would give the article a close read the next day as well as share the article with you all. I have done both.
This isn’t an article I want to share for you to glance at for a few moments for amusement or curiosity. Those truly interested will need to devote a solid half hour of concentrated reading to truly get it, because it’s detailed, intricate, and well-researched. Here is the link to the article, named The Bit Short, and by no means am I going to try to summarize it here, because it deserves a full and complete reading.
I wanted to thank everyone for participating in the Slope “What Do You Trade” survey (if you haven’t, please do so; it takes one second and is helpful to me). I’d like to share the results with everyone right now. I must say, the results were not what I expected! Futures are more popular than I guessed (I would suspect ES plays a big role) and I incorrectly assumed more people did fancy-pants complex options strategies as opposed to the simple directional stuff that I do. Anyway, thank you again; this gives me helpful guidance based on facts instead of guesswork.