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 emerging markets fund, shown below, is my biggest position. I am long November 15th puts, which have a nice, comfortable 239 days of live left. This morning, it came within 3 cents of my stop-loss, but mercifully that dashed red line remains unviolated. Fingers crossed that we can start to get some leakage on this sucker!
I never thought the day would arrive in which I’d be persistently pointing to COIN and HOOD as good ideas, but here we are. I’ve mentioned both of these repeatedly here on Slope as well as on tastylive, and they just keep on keeping on, thanks, I suppose, to the growing ranks of new “traders”.
Right on the heels of an explosive rally yesterday, Micron decided to add some frosting to the cake with their own earnings announcement, and MU blasted higher after-hours. It is at a record high. Again.
The U.S. equity market over near the past half year can be summarized by one simple chart, shown below. The /ES blasted sharply higher up to the end of 2023, back-pedaled deceptively for just a few days, and then resumed the rocket launch, albeit on a slightly less-inclined trajectory. Pretty much new highs, every day, without fail.
