Just a brief homage to the upside-down “V-shaped” disaster known as Virgin Galactic. Never before has there been such mayhem in a $0 revenue, $0 profits, 0 customers space tourist company. Just another data point as we look back and wonder, “Why didn’t I see this coming?!?!?“
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.
Like the world didn’t have enough bad news, Kenny Rogers died. Here’s his most famous song, which obviously holds some lessons for traders.
Hey Fellow Slopers: In my last post (“Too Late To Hedge“), I wrote that it was too late to hedge market risk, but it wasn’t too late to go on offense:
Go on offense. If you have cash to put to work, you can buy and hedge Portfolio Armor‘s top names, or open one of the hedged portfolios constructed of them. Portfolio Armor is selecting securities with the aim of generating positive returns, not just losing less than the market, as you can see below.
Behold the biggest beneficiary of the Covid-19 pandemic: Zoom Communications (ZM). Note the volume in particular.