As we approach what promises to be a dynamic trading week, let’s take a look at the VIX:
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.
Shoeshine’s Blinding Glare
We all know the fable about Joseph Kennedy hearing his shoeshine boy brag about his gains in the stock market, and him immediately dumping all his shares since it was clear there was some kind of peak at hand. Thanks to /wsb, we are confronted with an army of shoeshine boys on a daily basis.
A Tale of Two Fridays
Both this Monday (that is, today) and last Monday had, for me, some singular and very nasty losses. I wanted to share the story of each of them, since the contrast between what led to those losses is worth noting. In short, one of them was a royal screw-up on my part, and the other was just plain bad luck. Let’s review, and in doing so, we’re going to look at the Friday preceding each of the aforementioned Mondays.
A couple of Fridays ago, the market was falling to pieces, thanks to the Corona virus scare. All my positions were doing great, and I was just about fully committed with respect to buying power. Egged on by this success, I decided to get cute and put the last of my buying power into some weekly SPY put options.
(more…)Easy Come, Easy Go
I’d like to use, as a talking point, an equity graph shared this morning on public media with one trader who has had his account blown to smithereens:
Naming the Beast
It seems to me that for every one owner of a Tesla electric car, there are about 2,000 “investors” who trade the thing. This reached a new apex of absurdity a few days ago when a little-known research firm trotted out a target price for TSLA at, conveniently, a trillion dollar market cap. The intended result played out as you might expect.
