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.

The Eve of Destruction

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I pop into /WSB on a fairly regular basis to see what the young lads who fancy themselves as traders are up to. This is a severely deluded bunch, for the most part, since they have grown up in a completely fanciful environment which I am certain is going to bankrupt 95% of them over the next few years.

Here’s just a taste of what is in there right now: this guy has lost persistently and is now betting “……..the last of my life savings……’ on……….short-dated way out-of-the-money Palantir calls.

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One Hard U-Turn

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Monday morning started off really rough.

I woke up at about 4 a.m., and the last I had seen of the markets, the /ES, /NQ, and /CL were all red. I didn’t look at my iPad, but I figured that, on the heels of the big rally on Friday, maybe we’d get a day when the good guys would win.

Well, I got into my home office and saw every single stock and futures market was bright green. There was chatter about Trump reneging on another campaign promise (tariffs) which was goosing markets higher. I also had the gloom of losing Coda still hanging over me, which has affected me FAR more than any human death in my life, including my parents.

And then, just to turn things from bad to awful, this email was waiting for me in my inbox.

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