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.

Harvest the Chaff?

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This time of year, investors are dumping their worst performers for what is called tax-loss harvesting. For instance, if you have amazing capital gains on, let’s say, TSLA, but you had the misfortune of buying a bunch of HOOD when they went public, you might choose to dump your HOOD garbage to offset some of those sweet TSLA gains during tax times. Thus, the lousiest stocks have especially bad Decembers.

With that in mind, here are a hodgepodge of particularly-battered issues which you might consider as bounce plays with the looming new year. I’m not touching any of these, but I could certainly make an argument for bounces – – even substantial ones – – once trading resumes on Monday, with tax-loss harvesting behind us.

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And Nothing Else

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Welcome, Slopers, to both the last day of the year and, ipso facto, the last trading day of the year. It will be a full trading day, because God knows that no one celebrates New Year’s Eve, whereas we’re already gearing up for the new Juneteenth holiday, at which time all markets will be completely closed.

Last night’s hard tumble has, by federal statute, been undone, and we are precipitously poised beneath a very clean topping patter on the /ES on a minute bar basis.

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The Very Best of 2021 (Part 5 of 7)

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Preface to all parts: It’s that time of year again. I have written over 30,000 posts during the long history of Slope, and at the end of each year, I gather up what I consider the best of the prior year’s offerings. At the end of every year, I assume I’m utterly out of material, and yet at the same time, I look back with amazement at all the terrific posts from the year that has just completed. I’m not sure how long I can keep this up, but my concerns of content exhaustion have been proved wrong since March 2005. For your reading pleasure, I offer the following Best of 2021 Posts:

I Didn’t Ask For This
This is when I started to fall out of love with crypto

White Clouds. And Nothing Else.
A loving tribute to the late Norm Macdonald

Generation XX
A long, contemplative exploration of what has changed in the twenty years since the 9/11 attacks

Finally, It’s Clear
So, Tim: what’s the whole bear thing about?

Ladders and Mountains
Personal risk and common sense

Fatal Doses of Radiation
An oh-so-woke Oberlin kid makes my eyes roll backward

Woven Like a Noose
The stock market is slavishly following the Fed’s money-printing

First Talk Impressions

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SlopeTalk isn’t even a day old, but I wanted to say a few words about how things are going so far.

I’m pleased to see that our testing stood us in good stead, as the page seems stable and the product is, I believe, quite feature-rich. As I mentioned at the introduction, this week is dead quiet across the board (take a look at the volume on the SPY if you need proof), but I very deliberately rolled out a “community” product when there is hardly any “community” in order to keep risk very low.

I saw a few folks ask about getting a Futures channel, so even though there is already a Metals and Energy channel, I’ve added Futures for all the other stuff (such as, notably, the equity futures). One fellow made an eloquent argument for sort of an “omnibus” channel which would show the content of all the channels at once, but I’m not sure if that makes strategic or technical sense yet – – we’re exploring it.

Next month, I intend to be promoting SlopeTalk rather widely in an effort to spur participation. If you have any specific suggestions, as always, feel free to drop me a line directly. Thanks for embracing this new page so warmly!