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.

What a Day

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Today was interesting, to say the least, and for wholly unexpected reasons. I loudly touted RSX (the Russian stock ETF) earlier this week on TastyTrade as the most compelling country ETF to short; little did I know it would crater today. More broadly interesting, of course, is what happened with the ES.

When I woke up this morning, I was pleased to see the ES down about 7 points. At the magenta tint, I figured the day would be all about “managing winners”. The market opened, and my portfolio sported a handsome profit. (more…)

Victory Jig

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I have had not one but two themes I’ve been hitting on lately: Bullish Precious Metals/Bearish Equities. My beloved Slope Plus members have probably been losing their minds with all of my “Buy Miners” posts, which began late in May (my ideas there are up about 40-50%, generally). But on a morning like this, my ludicrous pontifications are really blossoming. It is only five in the morning here, but I just had to blow a few notes on the victory trumpet, since a one-two punch like this (metals soaring, equities plunging) is a delicious way to start the day.

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