Well, I’ve gone off the deep end. I’ve pushed deeper and deeper into ursine territory. I now have 84 short positions and a commitment level of 178%.(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.
There’s a narrative being pushed in the mainstream media right now that people should buy stocks because they are “on sale.” Here are some examples of stocks which people gobbled up late last week. As of Monday’s close, they have already have lost almost half their value from the purchase price. I would point out that these losses were in the face of a nearly 700 point gain in the Dow on Monday!(more…)
Hey Fellow Slopers: In my last post (“Too Late To Hedge“), I wrote that it was too late to hedge market risk, but it wasn’t too late to go on offense:
Go on offense. If you have cash to put to work, you can buy and hedge Portfolio Armor‘s top names, or open one of the hedged portfolios constructed of them. Portfolio Armor is selecting securities with the aim of generating positive returns, not just losing less than the market, as you can see below.