Feel like kicking yourself over an obscenely-profitable missed opportunity? Of course you do! This is breathtaking – – a gain of about one-thousand percent in just over two months time: (more…)
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.
Trio of Financial Longs
If this whole “bearish stock market” thing doesn’t work out, maybe I could start a geriatric orthopedic blog named The Slip of Hip. Until then, I’ll make do by offering up some more – sigh – bullish ideas. Financial stocks are doing well, and here are a trio of financial stocks that are have particularly good patterns. (more…)
Maybe Too Big To Fail…
…But certainly not too big to short. Here’s a weekly chart of XLF highlighting the peak to trough corrections following the weekly overbought readings going back to 2007.
Zooming into the daily charts, let’s just focus on the top 5 holdings of XLF, as they comprise nearly 37% of the holdings in that widely held financial ETF. As noted on the charts, Berkshire Hathaway cl. B, which is the largest component of XLF, is comprised of nearly a 20% stake in Wells Fargo Corp, which is also the third largest component of XLF. Therefore, WFC is definitely one to keep on your radar.
National Bank of Greece Extends Its Losses
As of 12:00 pm EST today (Monday), the National Bank of Greece is -10.38%, as shown below on Bloomberg’s Top Gainers & Losers in the EURO STOXX Banks (Price) Index.
