The big rally is lifting everything including, of course, the banks. Don’t be surprised to see them exhausted themselves where that tint is drawn.
Bank on It!
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.
Furious Counter-Assault
The combination of a massive options expiration today as well as (once again) shameless compromise in D.C. are yielding a huge triple-digit buy-fest on /ES and /NQ. Below is the /ES. Early today, I trimmed some positions, but I definitely have a vastly fatter portfolio at the open than right now! This will blow over soon enough.
Powerful Gap Fill
Awwww, shoot. I was having so much fun, too! Anyway, as I feared, once the DIA gap was filled, the market exploded into the opposite direction. At least my prediction for a bottom in a week still has a chance, since the free fall has stopped.
Victory Lap Band
I’ll shut up about NVO after this, I promise. I sold 60% of my March puts at a 164% profit and am keeping the rest just for the hell of it.
Morning Wags
Here’s a photo I just took of Coda in the kitchen, anticipating a fresh batch of ground beef and carrots (note the shorn front legs for the catheters!) She wanted me to thank everyone for their prayers and good wishes and to let you know she’s feeling happy and strong.
