I am taking advantage of the (laughable) rush to buy stocks again by shorting some retailers that are approaching major resistance levels.(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.
I guess those XRT puts I sold for a nice profit have much nicer profits to come.
One day I’ll emerge from total tard-land and actually charge for amazing ideas. But anyway, two weeks ago, literally at the MINUTE that was precisely the right time to short the hell out of retail, I wrote a post with an incredibly cryptic and hard-to-understand title AGAIN, SHORT RETAIL. At the time I shared the chart of this drop-dead gorgeous channel.(more…)
Huh. It seems that the insatiable and desperate desire for Americans to ceaselessly purchase crap they don’t really need in order to fill the bottomless pit of emptiness in their souls has its limits after all.
Thank you kindly to those of you who tried to help me out with the last post (I’m in good shape with Excel now; clearly my brain has turned to mush). I’m having a good day and a good week – – the best week in ages, actually! Part of it is that retail is rolling over. I think this is the start of something bigger. As for the seasonality and the Santa Claus Rally. The rules have changed.
Nietzsche was wrong. God lives. Santa is dead.