OK, seriously, I think they’re doing this on purpose. This is XLE on a daily basis recently:(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.
One single overarching characteristic that separates seasoned traders from all of the noobs and spectators is that they have grown to be a lot less reactive to market events. This applies equally to large and sudden moves to the up- or downside. The market has a knack for pressing our collective buttons but once you’ve been around the block a few times you start to see a pattern and like a seasoned poker player you begin to recognize a few tell-tale signs that monkey business may be afoot.(more…)
It’s been quite a 48 hours in crypto-land! Let’s review……..(more…)
One question posed to me many times in my life – – and it’s a question I’ve silently asked of myself – – is: “Why are you a bear?” Yesterday, after years of struggling with how to answer this question honestly, I hit upon the truth, and it was a relief to finally undo this Gordian rubric. So here’s the answer: I’m not.(more…)