
What Happens When You Don’t Diversify

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 idea of making an “inverse index fund” by doing the opposite of what Jim Cramer, Dennis Gartman, or any other contra-indicator out there is a tired, oft-cited joke. Someone decided to actually do this for real, however, with bumbling media starlet Cathie Wood by created the SARK fund. Let’s just say the 100% return in the span of half a year is applause-worthy.

Once again, EFA proves itself to be the most chart-friendly creature on the planet. Take careful note of the blue trendline and how it repelled the attempt of the price to foolishly move any higher.

Below are some ETFs outside the domicile of the Fed-protected United States. It’s beautiful how these things have been behaving, particularly with respect to their Fibonacci retracement levels. Please note I am creating this post pre-opening on Wednesday, so the closing bars are for Tuesday the 26th.

I have found the one and only electrical outlet in the entire Charlotte Convention Center. This is my view at this very moment. Jealous?
