May I direct your attention to another glorious short, the EuroZone, by way of EZU.
EZ There, Pal……..
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.
The Dirtiest Sanchez
The Southern Half
Now that war in Ukraine is fading from the scene in the upper half of the Earth, here’s an interesting perspective on global warfare, which seems to illustrate there’s something amiss south of the Equator.
Beautiful Bounce!
The equity markets are surging higher this morning, I have almost nothing but short positions, and I think it’s great. Why? Well, because the markets are behaving in a completely chart-friendly manner, and the 23.6% retracement level I warned premium members about yesterday did a picture-perfect job calling for a bounce, which is why I covered my largest position, my IEFA short. There’s no doubt I’m going to see my positions weaken substantially at the open. It doesn’t matter, because the charts are behaving beautifully, and that’s really what I’m after. Plus, I have a ton of free cash available.
(more…)