If the monthly chart of the COMP is to be believed, 4% is the ‘reward’ side of the risk/reward equation in tech stocks. COMP could gobble that up in 3 days.
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.
We’ve Come Full Circle Again
I’m camping at the Doubletree near the San Francisco International Airport, as I so often am on Wednesday nights (one of my kids attends a Model United Nations near here, so I drive him and his fellow delegates over from school and wait here for them). As I walked into the lobby, I was a bit puzzled and amused to see this greeting me, front and center: (more…)
A Brilliant Essay
I am once again humbled by reading the writing of someone whose talent I underestimated: Patton Oswalt. Let me start by saying that I already believed Oswalt was a brilliant comedian and writer, but I never knew he was such a superb essayist. This little post of mine is little more than a giant “Like” on something Patton wrote, but I encourage you to read it: it’s a post he did about Bill Hicks, who died twenty years ago today. Here’s the essay, and here’s a bit of BIll:
Harry’s Charts of the Day
Montezuma’s Revenge
One of the few bright spots for me today (besides, ahem – TSLA) is my short in Mexico – shown below. This ETF has been breaking now from its symetric triangle very well, and I suspect it will only continue to weaken.