I’ve mentioned the health care ETF XLV as a terrific short (by way of its diamond top). This is unfolding beautifully.
Stay That Way
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.
Jabbers Getting Jabbed
Most of you probably heard the President announce “the pandemic is over.” The moment I saw that, I instantly thought of this political fumble:
Semi Tough
Short-Circuited
It seems that “ride on Tesla’s coattails” didn’t turn out to be a great strategy. The sheer amount of carnage in the electric car space is a sight to behold.
Staple Remover
It’s said that good trading is supposed to be boring. I agree! I am already 100% short with zero buying power, and I’m going to kick back now and let it melt for weeks to come.
In any case, please see XLP, below, which is the Consumer Staples ETF. If this ultimately forms a head & shoulders top, we’re about 80% of the way there:
