Long: Electronic Arts (EA)

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.
By far the most common email I get these days is along the lines of “...thanks for all that you do.” As touching as I find these emails, I’m starting to wonder if I’m doing too much.
After all, we have Amazon boxes on our porch practically every day of the year, but I’ve never felt the need to write Bezos to tell him how grateful I am, mainly because I figure the money I’ve spent is balanced with what I’m receiving. So I guess the best way for me to take this is that people (especially you freebies out there, who are on Slope daily but won’t even sign up for Bronze, for crying out loud) want to express their appreciation. So……you’re welcome! Hey, I’ve got nothing better to do.
(more…)It seems that even wrecking the trade talks isn’t enough to keep the QE4-fueled market down. I’m standing firm with 48 short positions. 40 profitable, 8 not. I picked out my top five percentage winners to share. One of them was COG, but that was in the last post, so I left it out. Here are the other survivors in this brutal market:
In spite of the China trade talks apparently going absolutely nowhere, it’s a terribly quiet morning. As I am typing this, the SPY is up all of .06%. Incredible, isn’t it? In any case, below is one of my favorite shorts right now, Cabot Oil & Gas (symbol COG). I’ve updated my stop to 18.11:
As a resident of the fair city of Palo Alto, California, I have watched with a combination of bemusement and dismay as real estate prices have, over the past three years, reversed course. Mostly, however, I feel a sense of relief that we still have proof that trees do not, as the saying goes, grow to the sky. Although in the case of stocks, such as AAPL below, this has yet to be demonstrated.