Astronauts onboard the SpaceX Dragon capsule approach the International Space Station on May 31st (photo via SpaceX).
(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.
Electric Truck Delusions
It is often said that once you have a hammer, everything looks like a nail. So be it with the big market delusion. Since Aswath Damodaran and I published our article “The Big Market Delusion,” evidence of the delusion has been popping up everywhere – at least in my opinion. The latest instance is the market for electric trucks. In fact, this may be one of the best examples yet.
(more…)Celebrating 180 Degrees
Core Breakdowns
Through the night, and into the morning, there was a substantial “hey, stocks are cheap!” bounce, but that has absolutely fallen to pieces. More importantly, some important intermediate-term trendlines have failed. Past tense. Failed.
Binge Then Purge
Let me say from the outset that I don’t think Netflix (NFLX) is headed for any big fall from grace. It has been one of the most annoyingly strong stocks, similar to Amazon, in existence. I will say, however, that I think a clean little H&S pattern is in formation, and I’ve secured September $425 puts on NFLX, since I think the measured move (dashed line) is well out of the range of what the options market anticipates (price cone).
