It probably will come as a shock to no one that I don’t have a pair of Beat headphones, but with the news that Apple is shelling out $3.2 billion for this firm, they’re very much in the news. I was curious what popular searches were related to this, so I went to Google……….
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.
There is lots of cherry picking going on at these upper levels of the following 20-year monthly SPX:VIX ratio chart.
Unless we see price climb and hold above the 150 major resistance level and the Momentum indicator begin to break and hold above its current downward sloping trend and rise above historically high levels, we may see further downside and volatility enter the SPX…if not immediately, then, possibly sometime soon.
Short Comerica (CMA)
One of the sweetest songs from Book of Mormon is Baptize Me, in which the nerdy Elder Cunningham finally gets an opportunity to baptize someone into the church: the girl on whom he has a crush, Nabalinga. Double entendres abound, but it’s precious. I was going to just put up the soundtrack clip, but someone sneaked in a camera into a performance of the original Broadway Cast, which I think is more fun:
In a market that has been artificially-inflated for nearly six years and which is priced for perfection, companies are facing a situation in which, even with blowout earnings and revenues, they get curb-stomped. This is the shape of things to come for the market as a whole. Trees cannot grow to the sky. And Yellen is going to be left holding a gigantic bag of radioactive waste. Look no further than Ubiquiti Networks, which so far this morning has lost nearly a quarter of its market cap on the heels of a good report last night.