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.
Saturday ETF Examination
Not-So-Sweet Sixteen
Sixteen entire trading days of the market being trapped inside an artificial government-dictated trading range. Absolutely comic. Here is the QQQ chart, as if you needed to actually look.
Oil versus Energy
The surprise OPEC+ announcement two weekends ago solidly pushed oil over what had been a descending trendline of resistance.
It’s So Sticky……..
My largest position, by far, is September 15 2023 puts on EFA at a strike of $73. The bid/ask is at 3.70 by 3.90, and there it sits. I obviously have a ton of time on these (163 days as of today) and, with any luck, will make this my best trade of the year. Besides being my biggest trade, it also has the largest extrinsic value (about 60%) which is no surprise considering how much time is left. Here is the minute bar chart over the past sixty trading days.
