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.
To get away from all this “top this” and “top that“, let me turn my attention to the two assets I’ve been persistently bullish about: gold and bonds. Those have been doing great! Aided by the prospect of lower interest rates, bonds have strengthening nicely, and as I’ve shown in prior posts, I think they’ve got months of strength ahead. And why? Because the Fed is going to have to cut, and cut, and cut, to try to goose an economy that is in a free-fall recession.
I do not want you – – or me – – to lose sight of the big picture, in spite of the carnival which happened on Friday. You see, I was away from my screens most of the day, and seeing the raw quotes and reading the breathless headlines, I figured it was the end of the world of the one or two bears left on the planet. The moment I got back to see my screens, I saw nothing had changed. The /ES is still as wrecked as it was before.
Friday was a lousy end to an otherwise pretty good week. I drop-kicked a couple of positions for safety’s’ sake, but here are the ten bearish positions (long puts) I retained at week’s end.
