I ended the year 2021 with, appropriately enough, 21 bearish positions. They are all puts expiring no earlier than February 18th and as late as April 14. Here are the first seven of them:
Positions for the Start (1 of 3)
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.
January Means Jack
One of the countless canards bandied about by the mass media is how instructive January trading activity is. I disagree. Let’s take a couple of quick, simple examples.
First of all, there’s this notion that there’s all kinds of pent-up energy on the first trading day of the year, particularly since all the tax selling is done and people are going crazy with FOMO. We need look only to this very year to see what nonsense this is. The first first day of trading was on January 4, 2021, and the market got positively slammed. Crazy, huh? Considering how bullish that day was supposed to be, you’d assume it would be a harbinger of a terrible 2021, when in point of fact that day was the LOW FOR THE ENTIRE YEAR.
