I was thumbing through Monday’s New York Times, and there was a huge two-page spread of all the insults Trump has deployed (it’s quite well-organized). Accompanying all this text was a chart showing the quantity of insults over time: (sorry for the low quality scan):
Steady, consistent, and baffling, isn’t it? Remind you of ANYTHING ELSE these days?!?!? (more…)
I am a big movie buff (some of you may remember I’ve even written a screenplay – – so, umm, any movie producers out there, drop me a line). When I love a movie, I’ll watch it a dozen times or more. Here on Slope, we’ve had some lively discussions about great movies, but one of the classics I never got around to watching was The Shawshank Redemption, even though it is consistently near the top of any list of great films.
Today I watched it, and I enjoyed it. I now understand why people like it so much. However, I was struck by the similarities between the movie and one of my favorites from my childhood, Escape From Alcatraz, which came out about fifteen years before Shawshank.
Well, all that hoo-ha a couple of weeks ago about the Intel bug turned out to be meaningless, didn’t it? INTC is roaring almost 10% higher right now. What’s more astonishing to me is that Intel was more expensive 18 years ago than it is right now! It has been struggling to complete this pattern for almost two decades.
The sad irony of this week is that I have a relatively huge amount of time and almost nothing to write about (To describe the market as “boring” is akin to describing Mitch McConnell as “not classically handsome”; in other words, a massive understatement. Because January is going to be oh-my-God, constantly-traveling busy, and I’m sure the markets will be very interesting. Anyway, here’s another video I just cranked out, which talks about analogs and their value. I’m going to spend the rest of my day doing voiceovers for the other 21 videos.
Perhaps my favorite (albeit slow-moving) analog of all time is the financials sector (symbol XLF). In spite of a market that is generally still quite strong, the financials are starting to stall and sputter. Here’s what’s been happening recently: