As I head home on this one final plane ride, I’ll sign off with a chart of what’s happening right now in the natural gas futures:(more…)
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.
I haven’t written a post since 1st September as I’ve been immersed in divorce paperwork again. (Note from Tim: again, this post is from Jack, not me; I’m not going through a divorce. As you might suspect, any woman who gets involved with me is greeted with 24 hours of delight and sunshine every day. I ask that you not confirm this, as it is surely self-evident. Thank you. I now return you to Mr. Springheel) That should all be finished within a few days, and that should be the last serious work that needs to be done in my quest to be single again, which will be a relief. This should therefore be the last long gap in my posts.
In my last post I was talking about the likely retracement to the mean move that I was expecting to see soon, and we have seen that move. The level I am using for that, the 45dma, is currently at 4462 and SPX is backtesting that from below at the moment, having delivered one of the only four retracements in the last eighteen months to deliver a retracement significantly below that.(more…)
Earlier today, I doubled my short position on Brazil fund EWZ (by way of long puts) since XLE has been such a train wreck (Thank YOU, TNRevolution). My timing was good, because shortly thereafter, for reasons I neither know nor care about, it broke intraday support.(more…)
First, in order to obfuscate the content of this post from The Daily Digest, I hereby present to you a variety of delicious cheeses from the California Dairy Council:(more…)