I’m in “clean up Slope” mode right now, so although I may seem lazy since I’m not cranking out posts, trust me, I’m hard at work. So I’ll leave you with this to wrap my Thursday up: here is XLI, which wants oh-so-badly to break down…………it just needs to get below the lows we’ve seen this week:
(more…)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.
For Sentimental Reasons
Tomorrow morning’s big economic report is Consumer Sentiment. Given the mood of the world as a whole, I’m guessing it’s going to be slump-tastic.
(more…)Serious Shrinkage
Look how dramatically the wealth of Russian billionaires has dropped in just a few weeks – – about a 30% slice, which, amazingly, is over 6% of Russia’s entire GDP.
Death Rattles
Just catching up on some companies which, were it not for the insanity of the past thirteen years, would never have gone public in the FIRST place. I strongly suspect most of these won’t exist at all in a few years.
(more…)Another Premium Selling Opportunity
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You will find educational topics on all things options, options research, options trade ideas, weekly indicators and more each week. I’ve been on Slope for a long, long time and would love your all of your support. Thanks so much. Kindest, Andy.
On February 23rd, I posted a bear call spread on the S&P 500 (SPY). At the time SPY was trading for 429.57. Now SPY is trading under 422, and our bear call spread is worth far-less than half of our original premium. As a result, our profit target was met.
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