The Brazilian fund has soared 15% in a matter of days, I can only assume because of the strength in oil (and, therefore, PBR). I have acquired a very large quantity of March (very short-dated for me) $32 puts.(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.
We are pleased to offer, within SlopeCharts, the vast array of worldwide index data for our Bronze, Silver, Gold, and Platinum members (if you would like to upgrade to one of these plans, click here). There are hundreds of worldwide charts available to you, organized by country. To access any of these charts, choose Index Charts from the Tools menu.(more…)
A trio of interesting graphics about how values differ around the world. Click on any graphic for a screen-filling image and easier reading.(more…)
For a full year now, the emerging markets fund EEM has been following a relatively smooth descending channel, bouncing between support (green line) and resistance (red line). It doesn’t always make it all the way to the line, but there’s no doubt that, with all that has happened over the past twelve months, EEM has been pretty predictable with respect to turning points. I’d say it’s getting close to resistance yet again.(more…)
(NOTE: I composed this post, and did the screen shots, before the marvelous sell-off today; so the points all still hold, but more boldly than before!) I have mentioned the symbol EFA from time to time as a very intriguing long-term short setup. I have March 18th $82 puts on EFA which are presently down 16% in value. With 72 days left until expiration, I am not giving up on EFA (not yet, at least!) in spite of its recent strength. Allow me to offer a few chars to illustrate how overbought this instrument is. I’d also like to mention, as the first chart illustrates, that this is the first time since the start of the Covid crash (10 months ago) that there’s been a bearish exponential moving average cross-under. So………there’s hope!(more…)