Remember how Japan was going to take over the world in 1990? Yeah, not so much. Here’s what their currency, the Yen, has been doing against the US dollar for the past eight years. They’re going to be using this stuff for toilet paper soon:(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.
My enthusiasm for this market remains tepid, but the trio of charts below are worth sharing. I purchased puts on ANF (August $40) and BURL (September $250) just now, taking advantage of the gap closure. I was thinking of puts on SIVB, but the spreads are too horrible, even for me.(more…)
Here in Palo Alto, the weather is very, very dull. You could named virtually any date in the future (“May 15, 2093“) and I could tell you with remarkable accuracy what the high temperature, low temperature, and precipitation would be on that day. Honestly. It could be hundreds of years out, and I’d be right.(more…)