A classic Wendy’s Twitter exchange.
(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.
Volatility Marches to Zero
Full employment and low inflation? Those aren’t the Fed mandates. THIS is:
Never Argue With Price
For when it comes to trading the financial markets price is the ultimate arbiter of truth. Period. We can whinge and whine all we want about what the market ‘should be doing’ based on a laundry list of technical evidence suggesting that it is ‘overbought’. But in the end, the market will simply do what it wants to do. And when it wants to go up – we aim high – especially during a bull market.
So as you may recall from my previous update I keep seeing quite a few alarm signs flashing hot red, one in particular is excessive SKEW across SPX and SPY options. But then there’s this:
(more…)Wood Versus Wood
Perfectly Pinned
For the entirety of last week, as well as today, the market has seemed exceptionally boring and dull. I was wondering if it was my imagination, but one glance at the SPY will confirm it. Here, for instance, is what the market was doing about a month ago.
