I am spending my weekend in Denver, so I think I’ll just share a few charts as we prepare to enter the “Repealing ObamaCare Was a Dud” market week.
First up is the Dow Composite. I’ve tinted the topping pattern, and we have a nice little shooting star candlestick on Friday.
I have mentioned Finish Line (FINL) again and again and……….again!………as a short candidate, both here on Slope and on tastytrade. Well, the analog I’ve pointed out ad nauseum is really kicking in, dropping nearly 20% on Friday alone.
As is so often the case, my charting was brilliant and my trading was idiotic. I covered this thing earlier in the week for reasons I cannot fathom or even remember. I guess I’m simply the ghey. But in spite of my personal idiocy, I am pleased to have offered up another terrific plunger. Much lower prices to come.
This is a personal story about cannabis. Yes, the evil reefer, MARIJUANA!!! The story below is my life experience which led me to try marijuana for the first time.
I grew up in the 1990’s and was a child of the “War on Drugs.” My brain was indoctrinated with the “Just Say No!” slogan. I remember many court ordered guests speak to my school explaining how drugs ruined their lives. Local police would take groups of 20 kids and show drug paraphernalia, pictures of all drugs possible, including marijuana!!! The old slide projector would actually have slides of heroin needles on the same table as a silly flower. (marijuana!!!)
So obviously, I grew up with the mindset of “drugs are bad, marijuana is a drug, marijuana is bad.” All of these government programs told me that marijuana is a gateway drug. If you try marijuana, you will eventually use heroin or meth and die! Thank you Nancy Reagan.
In case you didn’t see the news in all my snarky tweets, Elizabeth Holmes has completely jumped the shark, and is now offering the unfortunate souls who were stupid enough to buy shares in Theranos TWO of her shares for every ONE they bought. I’m not making this up. Oh, but there’s a catch: you have to promise not to sue her blonde-haired, blue-eyed ass.