Norway Envy
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.
Triple-Digit Fish
Courtesy of Slope’s marvelous Options Charts, here are four options positions I sold, only to see them move on to triple-digit gains. To be fair, there were a few bullets I dodged along the way, so it’s not all screw-ups, but it is illuminating to be able to look back like this.
Burning Down The House
In my last post on Friday I was looking at a decent quality rally setup and that was looking good on Friday night, but Trump’s interviews on Sunday delivered a big decline yesterday. Trump’s comments in those interviews however were very illuminating about the likely direction on tariff policy over the next few months.
So, what did the interviews tell us? Well firstly Trump is very keen on imposing tariffs on most of the trading partners of the US and seems to be convinced that will bring in a lot of extra money for the US. I think he is seeing that as a heavy tax that the US can impose on trading partners for the privilege of trading with the US, and we have already seen that he seems to think that this won’t come at a heavy cost to the US.
(more…)Moved by Averages
A vivid illustration of just how deeply sold the big ETFs are, by way of the standard trio of exponential moving averages, which are already in the process of crossing under.
