…..I will religiously, and without question, respect the Gartman indicator. It is a deep personal failing that I have elected to ignore it, time and again.
One Day, One Day…..
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.
The Price of Cowardice
I wanted to share two related experiences last week. They do not reflect well on me, but if nothing else, Slope is known for being open and honest, so we might as well continue that tradition.
Let’s begin with this beauty:
Phase 1.1.1.1.1 Winning
I’ve said it before, and I’ll type it again: if the present administration knows what’s good for it, it won’t actually sign any deal. It’ll just keep talking very, very slowly) for the next year, nursing Trade Talk Optimism the entire way. The worst thing that could possibly happen to this market would be an actual, sign, complete trade deal. Another tiny top has been aborted with an Optimism spike.
The Ones That Got Away
I must confess, when the market spends the entire month of October racing higher to levels never before seen in human history, and at valuations that are absolutely comic, my gonads shrink to pea-sized. I thus take a pass on patterns that, while tantalizing, still scare me too much to pursue. What a shame. Here are a couple that slipped by grasp:
October’s Ill-Deserved Reputation
The month of crashes, huh?
Lifetime Highs
Wap!
Here’s how September has been to any equity bears out there so far:
Bear Life from r/wallstreetbets(more…)
