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.

Pigger Rich (Again)

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On this otherwise grim day for any bears out there, I must once again push some charts forward on my desk and pound my fist about one particular item: Progressive Corp. (PGR). True, this is a boring old insurance company with a ho-hum, not-at-all expensive P/E of 12, but this is seriously one of the cleanest looking topping patterns I’ve ever seen. Indeed, this is my largest non-ETF short position and the only equity on which I’ve “doubled down” and bought put options.

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