I don’t mess around with precious metals much, but today’s enormous rally has caught my attention.
Mellow Yellow
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.
Into the Homebuilding Breach
The homebuilders (symbol XHB) looked appealing to me, so I acquired January $80 puts on them today at $5.15. There’s a tremendous amount of overhead supply as well as some key broken trendlines.
Freeport
I had sort of forgotten this stock existed, but LZ mentioned Freeport McMoRan (FCX), and I found the symbol hiding in my “Miners” watch list. It is sporting what could turn out to be a beautiful diamond reversal pattern. I went ahead and bought $40 puts expiring on January 19th 2024.
Beating The Market While Hedging
Let This Be Said
This is just a quick post I’m banging out for paying customers. Don’t let me interrupt your conversation! More posts will be forthcoming…………
