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.
Back on September 10th, I wrote a post proclaiming my commitment to hold on to my palladium (by way of PALL) for the long-haul. Well, that solemn vow lasted all of two days, as I took profits on the entire position on the 12th. Good thing, too, considering what happened next.
I’ve long held that rates are heading much, much lower, and for a long time. Why? Because the economy is heading for a dumpster. And, as God intended, down they go…………
Yes, yes, I know. Insert joke about Brendan Carr and Stephen Miller {here}. I get it. But seriously, this is a trading idea. It has to do with Dicks Sporting Goods (DKS) which has been hammering out a massive (yet incomplete) H&S top for an impressive eighteen months.
Following yesterday’s completely pointless 25 basis point drop in rates, markets around the world continue to rally to lifetime highs. The /NQ, shown below, is once again up triple digits based on nothing more than, well, months of momentum.
