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.

In and Out

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Lord, what a brutal morning, huh? I’ve been trying to focus on the positive, which is (1) I was still at 35% cash (2) umm, let’s see, I don’t have cancer of the eyeballs.

I’ve made precious little changes to my portfolio, however, but I wanted to walk through those alterations. First, with a heavy heart, I got out of my EFA puts (January expiration). Candidly, I bet this chart ultimately works out fantastically, but I really needed to trim risk, so I ditched it.

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Mega-Rally

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I’ve spent a lifetime working with words, and the two that leap to mind right now would be “surprising” and, without a doubt, “discouraging.”

Yesterday evening, I had breathed a sigh of relief that not alone was the FOMC behind us, but that the rally that ensued had totally sputtered out. The rally got its second breath, however – – and a third, fourth, and fifth breath – – and blasted markets, thanks to the follow-through from overseas markets.

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