I think it’s time to get Brazil a look as a short candidate. So long as its biggest component, PBR, moves lower………
(more…)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.
Whistleblower Karma
It renews my faith to see a company like Boeing, which is multi-dimensionally evil, getting absolutely destroyed, even in this completely fake everything-goes-up market. In an actual organic market, they would have gone bankrupt long ago.
Homebuilders at Channel Top
Showtime!
Cinemark (CNK), shown below, enjoyed a brief foray into the world of being a meme stock. That has passed (as has most meme stock fever) although its substantial price gains are still intact. I’ve never traded this in my life, to my recollection, but I’ve decided to buy March $30 puts on this sucker, using that horizontal line as my stop-loss point.
Next Up: $2700
It seems to me the precious metals rally is getting pretty long in the tooth. Don’t get me wrong – – I’m a precious metals booster! – – but the steady series of higher highs and higher lows that has been transpiring for many months now is due for a “higher low” awfully soon.