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.

Rough and Raw

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Well, THAT was a shit sandwich! At least for any bears besides me. Jesus!

I was watching the CPI release with great anticipation. You can imagine how I felt when I saw that think spike go raging higher on the screen. It felt like an OHLC bar was being shoved through my stomach. So it seems that the Sloper verdict about how tame inflation would be was on-the-mark.

The only things I did right over the past two days were:

  1. Dumped my SPY puts yesterday at a profit;
  2. Wasted no time dumping my IWM puts at the opening bell this morning at a smaller loss than I would have endured;
  3. NOT deploying more cash into positions, and instead tucking it back into the safety of my checking account, where the mean old bulls can’t get to it.