There are no words left.
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.
How’s That Vaccine Coming?
Kodak, already down 87%, is seriously one of the stupidest stock market events in a market absolutely jam-packed with stupidity, that I’ve ever witnessed. A vaccine. Seriously?
PREMIUM: Quite Pleaewzd
Back on the 8th of August, I did a post called Full Brazilian in which I declared, in part:
Simply stated, Brazil was shaping up and the small caps were driving me out of my mind. I finally got sick of the fight and dumped them on Friday. I kept EWZ, however, and intend to double the position on Monday.
I did indeed do that, committing a full 100% of my options portfolio to a single put position (October 16 $34 puts), which are up over 30% so far. My simple question to you folks is: why? Not that I’m anything but delighted, but how come Brazil is managing to sink while oil is up huge and the U.S. indexes are at lifetime highs? I based my decision on a chart, but I’m still curious…………..why? What is it about Brazil?
Mining for Saucers
Following up on the watch list I shared with the Gold and Diamond members last night, here are seven I plucked out as especially interesting.
Gap Success & Silly Lambo
Last week, on the 13th, I mentioned Nikola (NKLA) approaching an important price gap. Turns out to be well-timed, since that was the exact high. Since then, we’ve tumbled nicely. I suspect plenty lower prices could be ahead.
Anecdote time: I drove downtown last night to grab some dinner for the family, and I parked in front of an SUV. It didn’t look like anything special – – your standard 4-door Toyota or what have you. Turns out………it was a Lamborghini. And I instantly thought of the owner: “What a tool.” Way more money than sense. So you’re going to spend a quarter million bucks on something which will cost a fortune in upkeep, with lower quality, just for a logo? What a dope.
