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.
From this day to the ending of the world, But we in it shall be remember’d; We few, we happy few, we band of brothers; For he to-day that sheds his blood with me Shall be my brother; be he ne’er so vile,
The prospects for bearish profits have been getting better by the day. As such, I’ve been really taking a fresh broom to my watch lists and spending a lot of time making sure their contents are up to snuff.
For those of you who have access to my watch lists (and, importantly, my mark-ups on those charts), please be sure to check out the page dedicated to shared lists (on which there are many, many lists besides my own) and pay particular attention to my Bear Pen, which now has 52 appealing short-sale candidates. I presently have bearish positions on a dozen items, because I’ve exhausted in my trading capital, but I urge you to look at the Bear Pen, as I am extremely excited about each and every one of those charts. 52 of ’em. Check ’em out!
Lastly: I rarely cheapen Slope with sales, but one or two times a year, I do a flash sale. This is one of those times. I am offering Gold memberships at 34.95 per month (this is not a once-month-only thing, but a permanent, lifetime discount of 33%). I wanted to make this offer now since I want you to look at these charts too, and you need a Gold or Platinum account to do so. I am offering an even deeper discount of 40% for Platinum, at 49.95 per month.
A Gadsden flag hung out of a Southwest Airlines 737 cockpit. Photo via American Greatness.
A Market Buffeted By Bad News
The apparent work slowdown at Southwest Airlines (LUV), snarling air travel last weekend, is the latest bit of bad news to hit the economy and markets. Since we shared our bear-proof portfolio back in July (“Building A Bear-Proof Portfolio“), we’ve had the ongoing energy crisis, the China Evergrande (EGRNF) crisis, and supply-chain crisis (“America Is Running Out Of Everything“). All together, this seems like a good test of a portfolio built to manage unforeseen risks. Let’s see how it’s done so far. First, a quick recap of how we built the portfolio.
Some of you have heard of Metcalfe’s law. It states that the value of a telecommunications network is proportional to the square of the number of connected users of the system (n2). That is going to be relevant here on Slope, now that I’ve set up a Discord channel for paying members. The intent, I told them, was to do this as an experiment.
In spite of the title of this post, the intent isn’t actually to bust the community in two at all. The fact is, however, that the nature of the comments section is almost identical to what I experienced back in 1982 when I first got online. Don’t get me wrong; I’m proud of our bespoke little forum. But ever since the success of ticker.art, I’ve received nudges from a few people to maybe consider something a little more modern than from the Reagan era.
As I said, this is the domain of paying members (not just Gold and Platinum, but Bronze and Silver as well). I am normally loathe to let anyone escape the Slope of Hope domicile, so this is a freakish exception: Discord is very much a separate site, utterly disintegrated from anything within the world of Slope. The only thing that ties it together is a self-selected community.