USO gaps down……………..
Oil Fund Failure
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.
You Were Told
Do I have to spell this out any more clearly? If I panic and dump a position, that is PRECISELY when you should go all-in. I said so this morning. I bought SPY puts yesterday. They went up. This morning, they were down, so I slipped on my Spanx, a kicky skirt, and a pink top, and I dumped them all at a loss. You’re seriously going to tell me you didn’t put everything into those puts? Come on now. They’re up 50% already, and I’m sure it will be hundreds of percent by Monday. Sheesh!
Once More, This Time With Philly
The Director sends me interesting tidbits from time to time, and one item he sent last time pointed out how the Philadelphia Capital Expenditures chart (with the easy-to-remember symbol FR:CEFDFSA066MSFRBPHI) is an excellent predictor of future corporate earnings. Simply stated, stocks are going to get crushed next year as earnings crumble. Booyah!
Between Scylla and Charybdis
My message via the chart below is a simple one; there is no “cluster’ of ownership in Tesla until around $150, so I think we could easily slip there. I’m retaining my February puts.
Yield to the Senator
Must see to believe.