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.

A Dozen Months

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With Q1 2023 behind us, I offer below a dozen charts (almost all of them ETFs) presented in as monthly bars. This very crude granularity allows one to see in very simple terms what the long-term personality of each financial instrument is at present. I’ve put my remarks for each item in the caption area of every chart.

My view continues to be that commodities will lead the way lower Q4 2022 was the start of this breakdown, and we made more progress in Q1. Energy continues to be my most dominant short sector.

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Mongo: You’re Fired!

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Over my many years as a trader, I have become convinced that stocks, like people, have personalities and that, also like people, I get along better with some than I do with others. As long-time readers know, I’ve had a multi-month long infatuation with MongoDB (symbol MDB), but I’ve got to tell you, after losing, and losing, and then losing some more on this beast, I’ve had enough. The top is amazing, but it has become far too corrupted by its strength in 2023 for me to find it appealing. I have excommunicated it from my Bear Pen, and I shan’t be touching it again. Fooey!