Although I’d prefer if they learned to “Play Dead”. Here’s the week forthcoming.
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.
With No Warning
The Knight household is surrounded by cameras, just in case a horde of angry bulls tries to kidnap me one day. Just yesterday, I noticed a large, very heavy branch had fallen from one of our trees. I was thankful that no human or dog (or chicken…….) was beneath it at the time, since it could have killed them. I rolled back the camera archive and made the clip below. It just goes to show you how much warning life can give you sometimes. Consider it a metaphor for the markets.
Old FANG-ful
If you need any indication of just how dull and un-bear-ish this market has become, look no farther than our friends at ZH. During market mayhem, they have an absolute ball dissecting it. When markets basically go up 1% a day without fail, they turn their attention to any other bad news they can find and stick to it for a while. Years ago, it was the Fukushima nuclear reactor. These days it’s Tesla cars that are crashing or bursting into flames. When the market isn’t blowing up, something else always is.
For myself, I can’t really get interested in writing articles about the cars of minor celebrities bursting into flames, so I’ll just turn my attention to the most important driver of global equity markets, which is FANG. Some people say FAANG, so as to include Apple, but, meh, I’ll keep it to four – – plus a bonus mention of another stock.
We begin with Facebook, which managed on Thursday to push to a lifetime high, having utterly recovered from its embarrassing privacy scandal earlier this year (and I must say again, published reports about 10% of Facebook’s user base terminating their accounts in protest was simply irresponsible journalism).
