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.
Reasons for Dread
……for the bears, I mean!
Principally, it is that many mega-assets are so battered. Take, for instance, the likes of IBM:
Taze This, Buddy!
I covered my AXON short a few minutes after the close yesterday in the face of their explosively-positive earnings report. That left a scar, but I got out way cheaper than if I had just stayed put. Today I seek my vengeance. It isn’t a big position, but I have re-shorted AXON with a stop at 557. My entry price was 525.
Post-SOTU Action
It seems the entirety of concerns related to tariffs and trade were fully expurgated on Monday. Yesterday was a strong day for the bulls, and today we are heading into another all-green opening.
I often deride myself for making impulsive decisions, but my choice to get out of all my BITI (inverse Bitcoin) yesterday turned out to be spot-on, since I avoided the entire rally thereafter.
Money Mountains
