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.
Another Brilliant Abandonment
I continue stumble across brilliant LONG trades that I made late in June that worked out spectacularly and which I closed at about 5% of their potential profit. Here was another:
All In
I spent this morning deploying the remainder of my buying power. Good thing, too, since things fell apart a bit shortly thereafter. I have no buying power left, although I’m toying with the idea of shoving more cash into the account but fighting the urge to do so………for the sake of prudence.
Peak WSB Glee
One look at the chart of the percentage of stocks above their 15-day moving average shows how uniformly overbought the market is. These price peaks have reliably preceded plunges all year long.
A Frightful Update
My post from July 21st, A Frightful Update, seems to have served as the most accurate roadmap for what’s going on in the market. I am reminded of this since, in spite of the equity futures taking a nice tumble on Sunday, the markets have, as has been their habit for two months, told the bears “Screw YOU” with the price action all night long……..
