The multi-decade natural gas cycle continues to hold great power.
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 Pros And Cons Of Call Spreads
Beyond the Beyond
Ever since the Covid bailout half a decade ago, the market hasn’t been allowed to experience even the most modest selloff. There was a time when there would be a period of rising prices, about 18 months of weakness to digest the gains and shake out the weak hands, and then a resumption of a new bull market. That isn’t the case anymore. It just goes up. All the time.
Insights from My Fake Longs
Hey, stupid! Why not just buy longs and be done with it?
Yep, that’s the kind of cruel query I pose to myself after times like, oh, the past eight trading days (kicked off on the morning of 9/11, appropriately enough, when Jensen Huang talked up his own stock and kicked off a multi-trillion-dollar worldwide equity rally). The lifetime-highs-every-day rallies we get compel me, from time to time, to put together hypothetical “what if I just bought a bunch of good-looking stocks?” portfolios and track them over time. I’d like to share this updated data with you now.
The construction of these portfolios is easy to explain: I go through all my charts as I normally would, and I try to pick out the very best setups. Here, for instance, are a dozen stocks (a pretend $120,000 portfolio evenly divided into starting $10,000 positions) that I “bought” on July 31st. As you can see, in spite of us being at lifetime highs, it’s a mixed bag: 5 winners and 7 losers, yielding a small loss and an annualized -3.1% return.
(more…)The Only Bear Having a Good Day
Below is the oddly-named Maplebear, which is actually Instacart. It’s a young stock, but the breakout is clear. The symbol, more logical than the company name, is CART.
