A new educational video I put together:
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.
What Was THAT?
If you could see inside my brain a few days ago, you knew this day was coming. I was actually toying with just giving up and buying dogshit like KLAR, only because it seemed the market was never, ever, ever going to go down again.
And then Friday happened…………
Options Snapshot
Below are my options holdings. They share a number of things in common:
- They have tons of time (an average of 5.1 months until expiration!)
- They are all simple directional plays (long puts)
- They are all in the money (ranging from 30% to 92%)
- I believe they have much higher profit potential than presently shown
Wham, Bam, Thank You Ma’am
Normally, on a Friday, I will spend the afternoon creating videos and posts for the weekend. Once the trading day is over, I have a few hours to crank out a ton of content – – usually a dozen posts or more – – so that I have a chance of actually not working too much over the weekend itself.
Creating it all in advance gives me a chance to relax.
Not so this time. In spite of having a ton to talk about what is suddenly a very interesting market, I had planned to drive us up to the mountains for the weekend. Thus, I have absolutely zero content for you right now on this beautiful Saturday morning, and I am duty-bound to start creating it. I’ll start with writing about an incident on the way up here.
(more…)Leaders Need Rest
After nine consecutive “up” weeks, and, at long last, one vicious Friday to bust that trend to prevent a tenth, I need to rest some. I just drove six hours to get up to the mountains, and I’m ready to relax. When I wake up, after I take my dogs out, I’ll start writing again. Until then……………
