Long Air Lease (AL)
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.
The Gentle Wisdom of Evan Spiegel
Oh, and in case you’re wondering how he’s spending his time these days (as opposed to, you know, enhancing shareholder value), this link might help (NSFW).
Mondo Boxo
Here we are, on another one of those ostensibly “big days” in which all kinds of geopolitical events are supposed to turn the markets upside down. Meh. If there’s anything consistent about the past few years, it’s that these pre-announced big days turn out to be a big box of wet firecrackers, and the handful of actual market-moving events some along completely by surprise out of nowhere (like the brief, but enjoyable, Trump Dump from a few weeks ago).
Anyway, at least our old friend crude oil is always there to move to and fro with gusto. A key support price level is rapidly approaching, and a failure of that line could cause the energy bear market I’ve been milking to really kick into high gear. It’s nice when global, natural market forces actually overrun the efforts of OPEC to artificially prop up oil into lofty fakeness.
Generally Speaking
On the whole, the market remains incredibly and annoyingly stuck. One sector which has mercifully been on the move, and which has been my focus most of the year, is energy. The cool thing about crude oil is that, in spite of its big down-move today, the long-term chart on oil suggests there could be plenty more downside.
