On Monday, well in advance of this week’s absolutely insanity, I suggested going short Brazil by way of EWZ. I’m pleased to say, in spite of all the lifetime highs everywhere we look, this worked out great.
One Country Worked Out
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 Oscar Goes To…….
I first mentioned Oscar Health (OSCR) in February, and I’ve done about ten posts about it this year. It continues to do nicely, and on a day like this, I don’t even want to THINK about any shorts.
Perpetual Follow-Up
At the start of this month, I did this post which set about on an experiment. Specifically, I wanted to see if I put $10,000 into 25 historically very bullish stocks (what I call perma-risers) how they would do.
Well, the results are oddly satisfying, because so far, a couple of weeks into this experiment, they haven’t done a THING. Indeed, with the Dow at lifetime highs today, this portfolio is actually down about 0.5%. I think this simply illustrates, with a near-even split of winners and losers, and a net loss, that the breadth of this “bull” market absolutely stinks.
Burning Down the Haus
You are probably acquainted with this phrase:
“On a long enough timeline, the survival rate for everyone drops to zero.”
Well, you may have trouble believing this, but the same holds true for my predictions. Some of them (well, most of them) take longer to play out than I hoped, but, sooner or later, they DO transpire.
I offer this morning as Exhibit A in that respect this very fresh headline:
Three Big Fish That Got Away
Below are three stocks that have these things in common: (a) I identified them all as bearish candidates when they were vastly more expensive (b) I bought puts on them (c) I sold the puts not long afterward, probably at a loss (d) I missed out on multi-hundred-percent gains on CONSERVATIVE (many months out, in the money) put options. What a dope!
