Early this morning, when the NASDAQ was raging hundreds of points higher, I said my “spidey sense” was that it would weaken all day. Well, so far, so good. Take THAT, Zerohedge permabulls!
Spidey Sense FTMFW
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.
In Praise Of Powell
Sinking Ships
Yesterday, in the midst of bumping up my bearish exposure from 50% to 100%, I shorted two stocks from a sector for which I have ceaseless contempt: cruise companies. I didn’t even realize the bigger one, RCL, was reporting this morning, but it has done so, and with good results for me. Here’s what, umm, “Royal” Caribbean is doing:
Perfect Precious Plunge
The mega-rally in precious metals is well known by everyone living outside of a cave. As fond as I am of precious metals, I’ve become quite annoyed at how unrelenting the rally has been, and as a card-carrying contrarian, whenever gold and silver are the talk of every ding-dong and nitwit on the tee-vee, I figure it’s probably game over for a while.
Satellite Mind
