With all the trauma and awfulness foisted upon bears, there is one tried and true financial instrument which has never left our side: the Dow Utilities. Here, in the guise of XLU, I presented this symphony of sinewaves:
My Faithful Servant
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.
Lil’ Champs
One would think that on a day when the /NQ was once again up triple digits, a day that lifetime highs were all around, a day that the /ES was rushing to yet another record, that ol’ Mr. Permabear here would be weeping in the corner of the free soup kitchen. Not so! My lovingly chosen five positions are doing great, and I’ll end the day with a record portfolio value for 2024. If I can have a good day on a stupid day like this, God help me if the morons in D.C. actually permit a few down days in a row! W00t!
Puffins
The market is becoming increasingly fractured. On the one hand, looking at the Dow 30 (/YM) futures, it’s up, up, up, because the debt-fueled, government-job-based economy is just peachy. Dow 40,000, here we come! Take THAT, Nikkei from 1989!
Tesla Toldyaso
My Only Triple-Digit Friend
Of my positions, only one of them is sporting a triple-digit percentage gain, and that’s my dear friend XLU (more specifically, the March 15 $66 puts). So, errr, other positions, how about join the party and get with the program, huh?
