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.
As horrid as 2024 has been for the bears, well-placed short bets have been going very well lately. This is in spite of the blowtorch of asset price gains that have been happening on a daily basis, such as the ceaseless ascent of tech stocks, represented by the NQ……….
I was bracing myself for a terrible morning. But ya wanna know something? It’s actually going a lot more like this.
I haven’t had success with Royal Carribean (RCL) in the past, but this morning represents a rare success story. I shorted a substantial quantity (yes, shorted, not options) early this morning, and for whatever reason the stock began plunging.
All week long, I’ve put my little hands on my little hips and have pointed out the critical nature of the resistance trendlines across the semiconductor sector. I’m relieved and pleased to see this paying off with my put positions. Good Lord.
I’ve mentioned the appeal of going short Brazil (by way of the EWZ option) many times this month. I’m pleased to see this thing finally reversed hard on Wednesday and added to those losses today.
