The semiconductor mega-rally is over. I’ve bought July $500 puts against SMH and have, in a different account, shorted SMH. This has gone CAR-level of silly.
I’m Calling It
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 Republic of Itsnosobad
Happy Friday, everyone. And, as is the tradition on Fridays, the press is in a flurry about peace talks, people flying from here to there, and the possibility that such-and-so will meet with this-and-such.
Look, everyone, it took twenty-one MONTHS for the least nuclear deal to be hammered out over a decade ago, and that was with exceptionally talented parties who were eager to meet steadfastly. This situation is – – different.
In spite of this, the VIX has been steady as a rock all week, trading at pretty much 20.75 more or less a few cents.
