All the excitement and fun of Sunday/Monday plunge has been eradicated. It looks like /ES and /NQ, respectively shown below, are on a mission to seal their Sunday gaps, marked with the blue horizontals.
Sunday Sealant
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.
Palantir Peak?
I had sort of forgotten about Palantir and Alex Karp’s ridiculous hair until I saw this just now:
Kinder I Don’t Care
Here’s a fresh short sale idea for you: Kinder Morgan (symbol KMI) which has done a pitch-perfect job sealing up its price gap.
The Return of the International
The market’s strength continues to unveil new opportunities. One relatively low-risk one is EFA. This is the same missed opportunity from April 2nd which I decried repeatedly. Well, the same gap trade has returned, albeit at a lower level.
Gaps Galore
I wanted to show some examples of the kind of gaps-based trades that are all around us as prospective bearish positions.
