Yes, our tree is still up. Yes, it’s almost February. Yes, I just really like the coniferous scent of the holidays. Still, Mishka decided it was time to start putting away some of the ornaments.
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.
Bored of Peace
The continuation of the TACO rally from yesterday can be seen by way of the price gaps which help illustrate the varying degrees of resilience in different sectors of the market. On the /ES, the gap (arrow) remains unsealed, although almost all the damage has been undone.
Buy-Curious
On Wednesday, I bought FNGD, the triple–bearish ETF based on the FAANG stocks. That decision was kind of bonkers, but the amazing things is that even though the market raged higher due to Trump’s TACO, I intended the day with a profitable position! I would like to particularly point out the massive increase in volume lately. It seems to me that the volume on Wednesday was a new record.
Putting this another way, if this was just a normal stock, it looks like an absolutely textbook example of the sort of thing you’d want to buy hand over fist.
