How about that………..from Morgan Stanley. People have never been more convinced the market is going straight up.
Sentiment at Record Bullish Levels
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.
2022’s Big Lesson
I’ll come right out and say it. I have gravely mishandled my trading in 2022, in spite of some awesome charting, and the solution to that fumbling is as simple as can be. It all comes down to this chart:
Conformist Contrarians
One of the great ironies of this life is that everyone considers themselves a “contrarian.” And why wouldn’t they? Would you prefer to say, “Oh, I’m a mindless sheep that just follows the crowd.” But that’s what almost everyone is. Their inability to utter those words is another thing which makes them all the same.
Here is a layered chart you won’t see anywhere else on the planet. The blue line is the INVERTED SPY. The grey line is the PAID SUBSCRIBERS to my beloved Slope. The correlation is as plain as can be: when the market strengthens, people ditch me; when the market weakens, they embrace me. Because…….”contrarians.” Pretty funny stuff, really……….
Is VIX Ready to Launch?
Can you believe this sucker was IN THE TEENS only last MONTH? Anyway, this thing has been stroked and stroked and stroked for so long, I’m not so sure how much longer it can contain itself.
Fear & Failure
Let me share a personal experience and hope you and I can both learn something from it.
I’m not sure precisely when it began, but this premium post from March 7th is a good place to start. In the post, I make it abundantly clear that the real estate fund IYR is one of my favorite analogs of all time (using such words as “crazy about this analog” and “just ga-ga”). I’m certain this wasn’t my first post about it, but it is at least one where I put a stake very firmly in the ground that I am bonkers about the IYR short.
