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.
If you want to see just about the most consistent winner of 2023, look no further than plain old TBT, which is the ultra-short fund based on treasury bonds. It is up nearly 200% over the past twelve months, even with the disadvantage of being a leveraged instrument and thus subject to some hard deterioration.
I have made clear that I’m long XLU in a big way. My view is that interest rates have topped out for the moment, as illustrated neatly by the ultrashort fund on bonds, symbol TBT.
With the possible exception of listening to someone’s dream that had just the other night, there are few things more boring than the-one-that-got-away stories, but this is important. The incredible performance of the Dow Utilities is one of the greatest setups of the ages, and what scares the holy hell out of me (which is alloyed with pangs of self-flagellation due to leave a mountain of cash I stupidly left on the table) is that we are approaching LIFETIME SUPPORT.
I did a premium post shortly after the opening bell yesterday that was very un-Tim for two reasons. (1) It was a BUY (2) it was bullish on BONDS!
The Fed’s favorite inflation data point was just released, and it came in ice cold. Ostensibly, it was up a mere 0.1% for the month, which was half the level that was forecast.
