What’s the trend been lately? Let’s put on our biggest thinking caps and try to figure that one out:
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 Tepper Taper Top
So let me get this straight.
A multi-billionaire hedge fund manager, who has a strong vested interest in stocks going higher………. (more…)
The Slope of Nope
Could they make it any more obvious? Disappointment is the diet of the bears, three square meals a day.
Every time there’s any weakness, it is reversed within half an hour. It’s becoming as predictable as it is nettlesome.
I have – somehow – managed to stay in the green so far all day, in spite of an entirely-short portfolio, but the day’s earlier profit figure has definitely gone on a Slim-Fast diet. In any event, the Fed-controlled market remains in Fed control, “tapering” or not………
Big Round Numbers
Ugh.
Well, we’ve crossed 15,000 on the Dow and 1,600 on the S&P. The bulls are understandably thrilled.
I’ve been quiet this morning. One might assume I’ve been hiding under my bedsheets. Tempting as that is, I’ve actually been busily getting my family dispatched to various and sundry transportation depots; I’ll be joining them this afternoon after the markets close.
I’m not going to be very prolific today (unlike yesterday, when I was cranking out posts left and right), but I’m going to publish my “big post” late this afternoon, after I give people a while to get sloshed at the virtual bar.
Hang in there, everyone, and congratulations to the bulls. You guys are buying drinks tonight.
NetFlix Blowout
Well, my one (count ’em, one) NFLX put is going to get clobbered in the morning, now that after-hours trading shows NetFlix exploding higher by about 16% as of this writing. During my TastyTrade show, Tony expressed convincing bullishness for NFLX, which I confess spooked me a bit, so I reduced the size of my short substantially. Needless to say, I’m glad I did. This one has become a monster again.
Tinted below is approximately where it’s trading right now.
