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.
Two Hard Weeks
Volatility Demolition
It seems almost impossible to believe that last week the VIX was nearly at 70, and now we’re threatening to go into the sub-teens again. I don’t think I’ve ever seen a drop this fast. Not even close.
Liquid Metals
In spite of what happened between July 16 and August 5th, the market has not lost its ability to be incredibly annoying and frustrating. Below we see the /ES over the past twenty-four hours or so. It blasted higher on Tuesday, then it sat for a dozen hours going nowhere, and then it went into up/down spasms after the CPI. As of now, the /ES and /NQ have gone bright green again, with the small caps being the odd man out.
Such a Stupid Hunt
Oh, brother. I was glancing through my charts and saw that Huntsman (HUN) had completed a fantastic top I had been following for ages. Did I own puts on it? Yeah. Did I sell them too soon? Yeah, on July 27th. How have they done? They’ve doubled. Is HUN going to keep plunging for months? Yeah, I think so. Do I feel good about this. Nope!
