What a day! As I’ve mentioned from time to time, my biggest regret lately has been not sticking with some of the most powerful analogs that I’ve been sharing on Slope for months. Below, for instance, is Axle Manufacturing. My view is that what has happened so far (green) is just the start of a much bigger destiny (yellow).(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.
I’ve been bearish on retail for months, as you know, particularly by focusing on XRT. Today we’re finally starting to see that the gluttonous American consumer is finally running out of steam, as witnessed by the plunge of Macy’s………(more…)
The 200-day exponential moving average is being challenged. In the past, this has been a reliable zone of support. But I’m kind of a hellfire and brimstone sort of chap, so I’m staying the course. I’m so short, I could jump off a dime.
In this totally fake, propped-up, fraudulent equity market of the past decade, one part is such horrible condition that even the pinheads in D.C. can’t prop it up is the oil and gas exploration sector. The ETF for it, XOP, is actually at the lows of the financial crisis. How many things can you say that about? I’d say it’s a whole integer that rhymes with the word “hero”. Prepare for a break to lifetime lows in the near future.(more…)
Let’s say I was really hung up on my personal appearance (observant Slopers will have concluded long ago that I am not, but as with so many things here, this is a thought experiment requiring the suspension of disbelief). I was desperate for the world to think I was attractive. My frail ego and deeply-seated insecurities relied utterly on a positive feedback loop, or my entire psyche would crumble into a heap.
Mercifully, I am provided with an app that notifies me in real time of public approval of my appearance. After primping in front of the mirror for an hour, I draw in a deep breath, open the door, and courageously head out, quietly confident that the good people of Palo Alto will regard me, once again, as one fine-looking sumbitch.(more…)