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.
Below is the IWM on a daily basis. I have marked three levels of interest:
Just in case it wasn’t clear to the world what an utter scam and sham the entire SPAC fad was, here’s yet another example: Velo3D, which did the usual SPAC schtick of:
The latest comically-watered-down inflation numbers came out, and in a rare instance of letting a tiny bit of truth slip out, the government stated that the producer price index was a full 50% higher than forecast. As I’ve mentioned endlessly, the inflation rate isn’t 3% a year. It’s 3% per MONTH. But somehow people just don’t want to admit it.
In recent days, I’d give my charting a grade of “A” and my trading execution about a “C+“. I have been, on the whole, doing NOTHING with my positions (which is good), but I definitely mucked things up a bit monkeying around with those short-dated SPY and QQQ puts. Just look at this minute bar chart of the /NQ and see how the explosive move higher was absolutely blown to smithereens. I watched the puts I dumped both go up triple digits. Not a good feeling!
