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.
AutoZone
We haven't mentioned AutoZone – "the widow-maker" – here in a long time, even though I've got puts on it. Well, lo and behold, the stock has actually lost its mojo, and it's down about 15% from its high way back on April 30 (which seems like about 20 lifetimes ago). This has become a really slow mover, but at least it finally started heading south (even in the market we're in).
Some TA
If this keeps up, I'm going to have to change the name of my blog to "Lottery Long Central" – – but here's another one – TravelCenters of America, whose symbol is TA.
Bank of America
There's been a lot of excited chatter about legendary hedge fund manager Paulson buying up an enormous stake in B of A during Q2, making him one of their largest shareholders.
That's awesome for Paulson and his investors, because the average price of B of A in Q2 was about $9. It's currently about double that. So this has been a fantastic investment.
What's a little perplexing, though, is why people would consider an investment made last quarter, at much better prices, to be a clear "Buy" signal for this stock. As I look as this chart, it doesn't exactly look like a raging buy to me………..
Ultra Deep Field
This has nothing to do with trading, but we're not supposed to do anything in the first 30 minutes anyway, are we? So check out this astonishing video. It's four minutes well spent.
