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.
OK, that feels better.
One item I didn’t touch at all is Nvidia, which reports next Wednesday afternoon. This thing is totally in the free-fall zone.
Most trading bromides are useless and annoying (the all-time champ: “Trade the chart in front of you”) but one I think is actually worth remembering is “Trees do not grow to the sky.” That is a reference to stocks going up, but there should be some converse for stocks going down, like “Roots do not go to the Earth’s molten core.” Nah, that’s not quite it.
Anyway, this has been a fun week, no doubt about that for one moment:
No, no, this isn’t about my state of mind. There’s a limit to how much I’m going to turn this website into a lifelong therapy session. I am referring to the depressed state of the VIX. I am seriously stunned just how low this thing is going. As of this composition (within the trading day on Tuesday) we have matched the levels last seen in mid-2021, which was two years ago.
