Wow, what a day!
Allow me to start by sharing with you a tweet I sent out about thirty hours ago:
Tremendous Traverse
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.
Desmond Two Two
If you want to see how meandering, directionless, and trendless this calendar year has been thus far, I present to you the percentage charts YTD of a variety of major indexes. Pretty sad stuff, folks!
March Equals March?
I’ve seen in mentioned that Q1 2022 was the same as Q1 2020 – – that is, a hard, fast selloff followed by a V-shaped recovery. Well, yes, I can certainly see the similarities. But I do want to point out one key difference by way of layered charts:
Futures Follies
I think my Virtual Trading Equity Curve pretty much tells the story: I peaked on March 14th and am down 70% since then (or about $400 billion). Hey, easy come, easy go. At least it’s fake! Let’s just say my real portfolio isn’t quite as aggressive.
Sad Bear Bar
