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.
Think back to January 4th for a moment. Probably no other financial instrument better captures the frustrating circumstances of the market than our beloved EFA. What a month earlier was a beautiful head and shoulders pattern had become a distorted monster, roaring higher on almost a daily basis. It was a miserable, faith-testing period for those of us who perceived it as a topping formation.
Here are all the underlying stocks in my portfolio, and I have in-the-money puts on every blessed one of them. My sole energy survivor, Marathon Oil, sticks out like the proverbial sore thumb.
I’ll stop with my stupid victory laps and say once again that the real estate analog, symbol IYR, is still super-dee-dooper. I’ve done my best to mark a “you are here” type arrow.
Here is a link to my post of February 15th in which I said, very simply, to short EZU. Here’s what the chart looked like.
