Besides being a husband, father, blogger, and designer-of-new-things, I’m also a pretty decent cook. I do pretty much all the cooking at Chez Knight, and so I’m fairly acquainted with ingredients, food preparation, cooking techniques, and overall making happy eaters.
It’s therefore with special interest that I’ve been following Blue Apron, which went public last year to quite a bit of fanfare (and about which I’ve written a few times).
The ES and NQ are green as I’m typing this, but I’m still simply in “maintenance mode” on my positions, tightening up stops and looking for new opportunities. I have found seven more charts that are intriguing enough to short, and they are as follows, courtesy of my beloved SlopeCharts (which, as a reminder, is available to you free of charge):
Hey, this is a first – – ZeroHedge featured a tweet of mine in an article of theirs this morning. It only took thirteen years, but voila, there it is.
Anyway, as has been the market’s habit lately, the three remaining bears on planet earth are getting the “beat back” applied, but I’m not especially worried. I think the larger trend is definitely in our favor, and we’re just going to have to muddle through days like this on a regular basis. As always, I let my stops manage themselves, one by one.