In sharp contrast to the likes of, say, small cap equities, one financial instrument which has been reliably sliding, week after week, month after month, continues to be the emerging markets bond fund. I have managed to lay out five successive horizontal lines indicating its diminishing levels of price resistance (typically based on a gap down).
Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
I need to do my tastytrade show, so real quick here are seven stocks I’m going to short after I’m done with my 15 minutes of fame.
There was a time I wouldn’t dare short Tesla, but Elon Musk’s ceaseless obsession with bashing shorts and bragging about how he’s going to destroy them all has captivated my attention. Historically, when a CEO gets utterly hung up on the evil, evil bears, well, he’s got more to worry about than a few clowns like me trying to make a few shekels off of equity weakness.
Until yesterday, Symantec was a well-behaved, picture-perfect bullish stock. Just one bad “forward guidance” is all it takes to wipe out 35% of its market cap within milliseconds, which just goes to show how priced-for-perfection equities are these days.