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.
The Horrid Grind
Why does the market have to be like this? Especially to a nice guy like me?
Here, let’s take Netflix as an example. This is a perfect instance of the kind of pulling-my-hair-out insanity I’ve been dealing with. Below is a chart of NFLX. The first arrow marks, at 9:57 a.m., where I bought June puts. Now even though these goddamn things have MONTHS of time on them, a mere two hours (!!!) later, where the second arrow is, I dumped them at a loss of about 7%. That was very close to the top tick of the day. By the close, they were nicely above my purchase price (and, of course, the daily chart looks terrific, which is why I bought them in the first place). Jesus!(more…)
Now THAT is a Shooting Star, Baby
Remember how I was all freaked out about cryptos breaking out and creating a new equity bull market? For the moment, that seems to have been beautifully aborted.(more…)
Beloved Slopers………with the introduction of the oh-my-God-so-cool and yet oh-my-Lord-so-complex system known as Slopetalk, some people have noticed that comments may be entered but occasionally seem to be missing. (They aren’t really, but perception is reality, so there ya go).
We have deployed what we believe is a fix to the problem. Please pay close attention (some of you will without me even asking) and let me know if it seems to have helped or not. Obviously I am hoping the answer is “yes” but please let me know by way of an email or the “@” feature. Thank you.
Today is going to be pretty much a madhouse for me since I’m packing up and heading home. Thus, I’m going to have to be a good-for-nothing bum and throw an infographic at you to sate you for quite a few hours. Once I’m at the airport, I’ll be a good boy again.