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.
I am almost certainly going to regret this, but I have sold my XOP puts at a handsome profits because the price tagged its trendline beautifully. I did the same thing with XRT a couple of weeks ago, and we’ve seen how channels DO get broken, but all the same, I’m playing it safe by taking the money and, like Forrest Gump, RUNNING.
It makes me feel good to provide excellent ideas to my beloved Gold and Platinum members. First off, they are the ones who honor my hard work with their subscriptions. Second, the profits thrown off from good ideas will, in a tiny way, find their way back to me, because any economically rational member will keep their subscription going. So it’s a nice feeling.
I’m having one of those this morning thanks to this premium post from the 8th of December regarding EFA:
Confession time.
Last week, I offered up a short-sale idea to my beloved premium members related to Charter Communications. That trade worked out brilliantly. However, in an act that is not alien to my history, I got into position, got scared, got out, took a small loss, and then watched the stock collapse. During times like this, I offer myself some very inventive names, many of them related to my sexual preference as well as my general weakness of character.
Right on the heels of this, I offered a short-sale idea to even non-paying people here about Wayfair. As before, I got into position, got scared, and got out with a small loss. The difference this time is that my psychological wounds from my CHTR fuck-up were still fresh, so I chastised myself and got right back into Wayfair. That was yesterday.
Well, it’s a good thing, because if I had stayed out of position and witnessed what W did this morning, my self-flagellation and insults would have been raised to an entirely new level. What a dope!
(more…)I did a premium post on December 3rd suggesting Charter Communications as a short idea. Even in the face of this sickening rally this week, CHTR has been doing fantastic.
OK, yeah, I’ve mentioned this victory before, but it’s so much better now that I’ve just got to give it its due. I nailed Moderna just about to the millisecond with this post. It has plunged over $100 per share in a matter of days. All hail the gap! This chart is a little out of date, taken in the middle of the trading day on Monday……
