Long-time readers know how fond I am of metaphors and analogs. I have one to offer today, and it has to do with permafrost.
Permafrost
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
My options portfolio has nine directionally-bearish positions. Eight of them are, relatively speaking, quite conservative: all in the money and all with many months left. Only one, the QQQ, is a wild card.
Silver: This Is Awkward
Damn. We’re Bullish On Silver Again
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.
Cocktail Workshop
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!
Rates and Stocks
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.
