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.
Monday ended better than it started, I can tell you that much. My main portfolio, which consists of 15 autumn-dated put positions, did pretty well, and I’d like to write a few words about each of these positions, in alphabetical order.
Ally Financial is doing all right, but it’s still range bound. It’s going to take some serious weakness in financial stocks to get it to crack the horizontal support.
I found the infographic below to be fascinating, particularly how they rank the states based on their news consumption. The most news-hungry location is, not surprisingly, the District of Columbia, whereas the most incurious places are Mississippi and my own home state of Louisiana.
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August carries a bad but undeserved reputation as the month when bad things happen to good people as well as a few not so good professional traders. I’ve come here to dispel that entire notion as August’s bad rep is entirely based on a few outliers which happen to stick out like a fistful of sore thumbs. Naturally that’s what everyone is focused on whilst completely dismissing the entire rest of the dataset.
(more…)Picture perfect! Oil has been slapped away from its broken trendline. Resistance has done its job.
