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.
As you’ve no doubt learned, the market is all abuzz this evening about yet another miracle cure. We get these every week or so. Sometimes it’s Gilead. Sometime it’s Novavax. This time, as has happened a number of times before, it’s Moderna. Maybe someone rolls a die to see whose turn it is.
It’s incredibly difficult to make big money shorting stocks. You need a strong conviction in your bets. You need to have a firm belief that something is cooking in the company that most people overlook or choose to ignore. Those shorting stocks during the COVID-19 pandemic have made more than $50 billion in profits.
Here we take a look at the top shorts of each year between 2013 and 2020. The list is based on data from Activist Insight Shorts. Josh Black of Activist Insight has given double credit where two short sellers were first and second on the same idea, though their campaign returns might be slightly different.
Short selling is when you bet against a stock and profit when it falls. Short sellers borrow shares from investors and then sell them at market price. They expect the stock to decline by a specified future date (the expiration date). If/when the stock tumbles, the short seller buys it back at ridiculously low prices to return to the investor from whom they had borrowed. The short seller pockets the difference. But sometimes shorting backfires when the stock in question skyrockets.
(more…)I just stumbled across this. If you like Hamilton, and you have a passing acquaintance with the Muppets, it’s a must-listen.
It’s one of those days the market just can’t make up its mind. On the one hand is the truth that we’re in the midst of an economic cataclysm from which we’ll never recover. On the other hand is the venal, vapid Fed pushing trillions of dollars of fiat cash down our throats. So we’re going nowhere for the moment.
Tesla got shaken up yesterday after my post. Let’s take a fresh look at three electric car makers and notice how many lights years they are away from their lower Bollinger Bands.
