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.

Scaredy-Wedge

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I sold my SPY puts for a 44% profit just now. They were March puts, which was an important reason, since I’m not into theta burn and I’m too nervous a character to hang on tight. I would also mention that, short-term, this seems to be a level of support. For those still hanging on, fear not: the fact that I dumped my puts absolutely guarantees an historic and imminent crash.

The CPI Reaction

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The big event before us is, of course, the CPI tomorrow, one hour before the opening bell. Back in late 2022 and most of 2023, each CPI was reliably a kick-off point for Yet Another Huge Rally. The most vicious one of all, naturally, was October 13, 2022, a date I will never, ever forget! Each of these red vertical lines marks the day of the CPI report, thanks to SlopeCharts‘ spiffy Event Marker feature.

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