What a weekend on Slope. In my four years of participating on Slope, I can not remember the last time nerves were this raw. Personally, I think its a sign of capitulation, and more importantly, a mark of a market reversal. But that is not here nor there. I want to write about what its like to trade as a Pirate. (more…)
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 New Abnormal
I am writing this post as much for me as for you…….perhaps even moreso. Because this week has left me in a bit of a funk. Not just a regular Tim-funk. But a Soul Train-level funk. So I need to talk things out a bit. I know you’ll be patient with me. (more…)
A Breathtaking Confession
Some of you may have seen this astonishing article in the Wall Street Journal (of all places). It is an amazing expose of the Fed’s QE program, inasmuch as an insider declares that it is, in his own words, “the greatest backdoor Wall Street bailout of all time.” (more…)
The Market Mr. Yellen Will Inherit
I am considered by many to me a permabear. That’s an understandable assessment. I feel the same way about myself.
But the analytical Tim is somewhat different than the dogmatic Tim. The analytical Tim was on full display in a best-of-Slope post I did over three months ago about the “Runaway Russell”.(Slope+ premium members got a deeper dive, along with a specific numeric prediction). (more…)
Future Tense
Years ago, before everyone had in-car navigation systems, I held on to an amusing little thought about traveling on the freeways: when you witnessed a huge backup on the other side (that is, traveling the other direction), and it went on for mile after mile, and then it finally cleared, you were put in the unusual position of actually knowing the short-term future of all the poor souls who, farther up the road, were zipping along, blissfully unaware of the hellacious backup that would soon face them. I would glance at the dozens of drivers enjoying their 70 MPH care-free spin, knowing that their lives were about to get worse really soon. As tragedies go, it doesn’t exactly rank, but it was still an amusing realization of the power of fortune-telling. (more…)
