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.
FICC Short Gamma
One firm rakes more money trading energy in three-months then this entire industry 90th percentile in one year, it’s Goldman Sachs. For us Goldman FICC unmitigated success in the energy is the ultimate expression of the systemic dollar-at-risk entrenched in the long-gamma commodity firms and trade finance world.
Goldman’s Model
Goldman banks/deals with the solid counterparty, manage their risks, and then trade the insights 1/4 sec ahead of the earnings or physical in the finish line.
Goldman uses few or no working-capital.
Goldman commodity traders raked in $1 billion after positioning for april’s oil market collapse from Simon Jacques
(more…)Not Even the Tip
I saw this remark only yesterday:
Huh? Oil did a gorgeous job falling away from the price gap.
(more…)Low Energy
On this lazy weekend, I thumbed through all the components of energy fund symbol XLE and plucked out those stocks which seemed particularly poised for possible punishment.
