Bummer Bar
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.
Triple Pain
Until about twenty-seven hours ago, I couldn’t get enough of this market. As it is now – – yuck! My only salvation is my 40% cash position and the fact my options are all 2025/2026 expirations.
This week has had three rallies. The first (red arrow) I completely expected and was prepared for. The second, is blue, was the Jensen Huang rally, was a shocker and completely wiped out the relief from the CPI release. The third, in magenta, is what we’ve seen just over the past couple of hours. The market is back into “ramp and camp” mode, and I am not a fan.
Three Big Fish That Got Away
Below are three stocks that have these things in common: (a) I identified them all as bearish candidates when they were vastly more expensive (b) I bought puts on them (c) I sold the puts not long afterward, probably at a loss (d) I missed out on multi-hundred-percent gains on CONSERVATIVE (many months out, in the money) put options. What a dope!
Nvidia: Tails We Lose
AMD Disaster
Here’s an example of a screw-up based on simply Too Much Going On.
This morning was rather chaotic. After five days on the road, and a lot of strenuous (for me) physical labor, I flew five hours back to my beloved Palo Alto. I got a late start (5:30 a.m.) and there were a bunch of technical issues I had to deal with on my systems. In the midst of it all, the market opened, and AMD exploded higher.
