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.

The Week Ahead (by BKudla)

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I hope everyone is enjoying the weekend.  It is beautiful here in SoCal and I will be a beach rat this weekend.  Last week my trades worked out just fine with two frustrating stop outs at break even that eventually climbed right back up,and one beautiful day trade before earnings (AMZN, DO, and QCOM respectively). My other trades are still active or were weekly spreads that expired.

Energy has been a beast, and we may get some rest next week ( I wonder what it is sniffing out; war or QE?)  The currency metals are simply not wanting to go down anymore, but I am still mostly writing spreads and day trading GLD with weekly calls and puts.

 I am also still short FAS and SPY, although I took off half of SPY on Friday's close.  FAS broke its bear flag channel, and I am expecting FAS to be in the 60's soon enough.  I also am going to short PNRA and CMG on all rips when stochs go OB.  Higher energy, higher food, higher taxes, and zero wage growth is a recipe for disaster for these companies.  Grocery stores are dying and people need that stuff, wait until these restaurants try to pass these higher costs along.  Below is my current active trades, and Y_T_D results, and some charts to enjoy.

 

 

 

 

 

 

 

www.arum-geld-gold.blogspot.com

My View Of The Week Ahead (by BKudla)

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My view of the week ahead.

Interesting reversal starting on Thursday in the markets, and the commodity space. Now we need to see if there is any follow through.  I am still cautious but have taken trades in BOOM, DO, AG, AMZN, and SSRI.  All are positive.
So far so good on closed trades; 146 trades this year for 56% annualized (real time reported on Twitter). Open trades below.

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Wheat and Bonds (by Heavenskrow)

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Long time no see Slopers! Coming into 2012, I thought I had 2 trades for donators that were great for long-term investments and thus stopped checking the markets everyday. Unfortunately one of those trades got stopped out in May and thus had to come out of retirement.

The trade that failed was shorting the 30yr Treasuries…which went BUST as of May 2012 as it broke a 30yr resistance line which coincided with a resistance hit of the NYSE Composite(note:I am long bonds now instead of short)

 

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