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

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Big Market Delusion

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.

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Binge Then Purge

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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).