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.
As a good suburban Protestant, I have never been inside a confession booth before, but I’m going to make one here in front of all of you, because I have been burdened by guilt and must pay public penance for my sins. It has to do with these two, whom I adore deeply as most of you know.
OK, I think I finally get it. Cover everything on Friday before the close. Because the market’s habit (or, more precisely, Trump’s habit) seems to be that EVERY Monday is the time to create a short-lived rally, after which we push to lower lows. Just look at this and reach the same conclusion……..
We approach once more the realm of the untold TALE, which specifically has to do with Meta (ticker symbol – – wait for it – – META). I’ll make this short and sweet, since I am bearish on this bad boy by way of June puts.
With the /ES up triple digits and the /NQ up hundreds of points, there is precious little red on my screen today. There are only a couple of exceptions of stocks that are actually dipping in the midst of this rally, God bless ’em………
This morning, in the midst of an enormous TACO rally that was destroying bears all around the world, I did two things with my options portfolio made entirely of puts:
A photographer was on hand to capture me as I was making this decision. Since this is a family website, only the top half is shown here.
