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.
Some stocks are acting like Covid-19 never even happened. It’s quite extraordinary. And, considering the $6 trillion that Powell is throwing at equities to save them, perhaps it’s not surprise. Here, for instance, is Amazon, higher than any point in human history:
Amongst my 84, count ’em, 84 short positions, one I wanted to mention this morning was Dicks Sporting Goods (DKS). Here’s the long-term chart; as you can see, the company has an interesting habit of making clean, rounded reversals.
