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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.
Slow Intelligence
A few days ago, I was awfully proud of myself, because I made my first working product using AI. It wasn’t much of a “product“, but it was a webpage that I really needed which would normally have cost me hundreds of dollars to have someone make. Armed with ChatGPT, little old me did it for free in about five minutes.
I have cautioned myself about cranking out AI-based pages left and right, though, for one simple reason: even with the pro-level AI service that I pay for, it is slow, slow, slow. I was reminded of this just now when I wanted to ask a simple question about my mortgage. I asked Grok.
The Second Coming
We are interested in markets here on Slope, and lately there has been an explosion lately in what are essentially legalizing gambling sites known as prediction markets. The largest is Polymarket, where you can be on just about anything imaginable, including this unlike scenario:
Playing with Fire!
It is exceptionally rare that I can honestly type the following words, but here goes: every decision I made today was the right one. This list is not exhaustive but, among these actions are:
- Selling SPY puts promptly after the market opened (Made 118%; by day’s end, they were worthless)
- Selling April DIA puts (which means all my options have at least until June for expiration now)
- Judiciously trimming some larger options positions for more even-handed risk
- Closing IBIT position and instead buying bonds by way of TLT
- Tidying up the stop-loss levels of every single position.
I guess when the permabulls at Zerohedge made their top story going ‘tactically bearish‘ the writing was on the wall………this is truly Gartman level:
Feeling the Bear
The “feel” of the market has absolutely changed. For 2026 as a whole, the sensation of fighting the beast has dissipated, and my disposition has morphed from defensive to opportunistic. I will have more to say later, but for the moment I’ll simply offer two thoughts:
First, the prospect of a truly meaningful breakdown is looking clearer than ever……….
