The point is that the NASDAQ is extraordinarily overvalued and is primed for a hard fall. The charts, I shall let speak for themselves.
Three Charts & One Point
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.
Disastrous Duo
In the midst of this lifetime-highs-everywhere market, I present to you two IPO train wrecks. Clearly, if a stock can actually fall 98% in this market, the company is in such dreadful shape that even Powell can’t save it. We have Blue Apron (which I started dissing shortly after its IPO):
And The Oscar Goes To…..
Fiverr Pop
I do a monthly column for Luckbox magazine, and a few issues back they had me do an article on the “gig” economy. Just about the only stock I felt good about was Fiverr (FVRR), and that seems to be going nicely:
Perfect AAPL Gap Fill
