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.

Snapped with a Wet Towel

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For those of you who saw my tastytrade show today, you saw me state that I had my head blown off in trading and was a-ok with it, since it comes with the territory (OK, it wasn’t that dramatic; I am still ahead of 99.99999999% of all traders this year). This unusual confidence seems to have been well-founded, as we’re starting to get some unexpected news after hours in the form of SNAP making an unscheduled announcement that they’ve got to modify guidance.

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Monkey Business

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I want to show you something exceptionally cool.

Please observe the /ES action last night. Kindly take note of the breakout I’ve marked in red. This is the bullish breakout. This is where equity bulls – – a group, remember, a couple of notches beneath child pornographers – – figures they are going to run off with the market is a glorious Powell-worshipping blaze of glory. Those guys. Further, note how the breakout failed.

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