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.
Is VIX Ready to Launch?
Can you believe this sucker was IN THE TEENS only last MONTH? Anyway, this thing has been stroked and stroked and stroked for so long, I’m not so sure how much longer it can contain itself.
Approaching The Low Retest
I was saying in my premarket video on Monday morning that ideally what we would see this week is a rally on Mon/Tues, and then another leg down on Wednesday through Monday next week in line with the very bearish historical stats for these four days. So far that has delivered well, with FOMC on Wednesday delivering the next leg down I was looking for. If you’d like to hear that premarket video every morning that is included in our Daily Update Service and you can get a 30 day free trial here.
(more…)Who PAYS These Bozos?
Trimming the Hedges
I am delighted to announce that I am at a new portfolio high for the year. This has been a brutal struggle. My last “peak” was early in July, and I subsequently saw my profits get utterly and totally vaporized. I cannot tell you what that feels like, but it sucks. Thus, through sheer tyranny of will, and great charting, I have climbed to the peak of the mountain again. I was filled with so much shame about my fumble this year that I didn’t even talk about it, except privately with Baby Bear. Now the truth is out.
Although it defies every instinct I’ve got, I have forced myself, kicking and screaming, to ease back some. Cash is boring, but at least it doesn’t get vaporized (well, let’s not go there). Here are the executions (I’ve tinted items where I am TOTALLY out; the rest are just trims).
