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 supposition going into this weekend was that all holy hell was going to break loose and that markets would plunge, oh, right about now. Instead what happened was that Iran sent hundreds and hundreds of weapons to Israel, and they were all neutralized. So, yeah, kind of a dud, and this is clearly reflected in the plunging VIX (my concerns expressed on Saturday morning’s video about the VIX are being fully realized here).
Preface to all nine parts: today is Eclipse Day, so I am giving myself an exceptionally rare day off. I have no idea if I'll see anything, because there's so much cloud cover. In spite of that, I had devoted the entire day to this quest, so I'm setting up some posts in advance so my dear readers do not get bored. Once this all blows over, I'll be sure to tell you about whatever adventures I had during my Texas journey.
I wanted to share some thoughts on a topic not directly related to trading. I don’t want to take credit for something I didn’t conjure up, since the late Dr. Wayne Dyer originally put the thought in my head, but it has been a persistent notion for me that I would like to share. It’s called the IFD syndrome.
(more…)What if you knew that in 2026, people found Nvidia to be the most boring stock imaginable, and the world has more or less loss interest in it? Pretty shocking, eh? That’s what’s happened to Tesla. This has gone from the hottest of the hot meme stocks to something a little less exciting than a passbook savings account. It seems to have found a happy home at, oh, about $175 or so.
Yesterday, I was long June puts on the IWM, and they were not doing well. Wednesday’s mega-rally and Thursday’s follow through were brutal, but I held on. During my tastylive show, near the end of the trading day on Thursday, I shared the IWM chart and mentioned how I didn’t want it to “pull a retail on us”.
