A couple of days ago, I did a post for my Slope+ readers about buying XLU calls. I paid 80 cents for the calls, and now, two days later, they are trading at $1.60. I did not expect a 100% gain on these so swiftly, but suffice it to say I’m enamored of interest-rate sensitive items. (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.
Hewlett Packard – Time to Short
I shorted HPQ on Monday based on the Fibonacci retracement as well as the prior gap.
When Will Gold Exhaust Itself?
In the span of just a couple of days – April 12 and 15 – gold plunged tremendously, and in the TEN days it has had to repair the damage, it’s only managed to undo the drop from the 15th. The damage is severe and, in my opinion, simply part of a larger trend. (more…)
