It’s apparent that any disposition other than a blind embracing of hockey sticks like JNJ will be met with ridicule and pity. I offer below the kind of doe-eyed optimism that made America great. I really do need to get with the program. I’ll follow up later to notify you of any babes that show up, since Mr. Vu apparently had no problem in this area once he decided to grab his share of the American dream. (more…)
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.
Johnson is Huge
Few stocks illustrate the absurdity of the run-up better than innovative manufacturer of baby shampoo Johnson & Johnson. Apparently the pledge of “no more tears” has sunk in with investors the world over, as lotion, lubriderm, and Splenda sweetener are consumed at never-before-seen rates of speed. Personally, I think it’s nuts. (more…)
Eurotrash
I have a short position on FXE (the ETF for EUR/USD) which I think has a good chance of slipping much lower. (It occurs to me the chart below is actually of the EUR/USD, not the FXE, but I assure you the pattern is the same). We’ve been meanandering around aimlessly for months, but I think a breakdown similar to the one which took place with the prior rounded rectangle is most likely. Of course, tomorrow’s Fed announcement will probably resolve this question swiftly. (more…)
Put Me In, Coach
Finally! I’ve been short Coach for weeks, and at last it took a 10% tumble this morning. I’ve covered the position. Long-term, I think the huge head and shoulders on this stock points to much lower prices. (more…)
