One, Two, Tree
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.
Quiet Times, Welcome!
Having endured Nvidia and Jackson Hole, I am delighted to report that there’s virtually no scheduled news of any kind, or meaningful earnings reports, for a long while. The only “event” is the jobs report next Friday morning, but besides that, we can let the market bop around on its own, aided by the millstone around its neck known as negative seasonality.
Seventeen Shorts
Now that Nvidia and J-Hole are behind us, I have amped up my stance to 173% committed across 34 different short positions. Here are 17 of them, 3 of which are visible to everyone and the other 14 visible only to paying members here on Slope. As always, I have zoomed in to the most salient portion, and the dashed red line represents my stop-loss price level.
Our Age of Gluttony
Over the years, I have written many times about wealth distribution. It has long been a topic of interest to me, and through the course of my life, I have been introduced to increasingly impressive levels of wealth.
As a child, the rich guy for me was one Mr. Gwyn Montgomery, who lived a few doors down and was the manager of the Audubon Ford dealership in Baton Rouge, Louisiana. His house was somewhat bigger than ours. His cars were somewhat nicer than ours. He probably made 25% more than my father. And, most important to me, his son Steven tended to get nicer gifts for his birthday or at Christmas than I did. Even worse, Steven had a really nice treehouse and I had none. So that was my youthful introduction to the maldistribution of assets.
(more…)Top ETF Charts
After this important trading week, I wanted to update you on eleven crucial ETF charts. Each of these have my thoughts in the caption area, and the first three are visible to everyone whereas the remaining eight are visible only to paying members here on Slope.
