You can pretty much count on it. If we get a decent down day, then the administration will frantically back-pedal any tough-on-trade talk and send equities flying higher again. This back-and-forth has been in place for weeks.(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.
The big winner of the day, the oft-mentioned short Fluor, and another bold victory for SlopeCharts. I have covered for a 30%+ profit.
Yesterday morning I published a post about how my house had lost a million dollars in value recently (and bemoaned how equities can’t seem to ape the same weakness). Once again, Slope scoops the mainstream media, as this was on this morning’s front page of the newspaper:
Altria Group – – cynically renamed to conceal their actual identity as a manufacturer of cancer-causing tobacco products – – has been a short I’ve recommended (along with fellow creator-of-human-misery PM) for quite some time. Its head and shoulders pattern is absolutely massive, and, believe it or not, my target price is $32 – – basically a financial catastrophe. Couldn’t happen to a nicer bunch of guys, either.