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.
Eight years ago, when I bought my Tesla (which I still drive; 145,000 miles and going great!) I sung the praises of the company, which has now shot up literally 100 times the price when I first pointed it out. (P/E approaching 1700 at this point, God help us). But I wanted to make a point about these nascent patterns of earth-changing companies. This is what TSLA looked like when I first touted it:
Musk is now the richest man on the planet. Who could have imagined this eight years ago, when I wrote my first Tesla post which ended with this:
I think Tesla as a public company (symbol TSLA) has a great future ahead – I hope they do, at least – provided that the world embraces electric vehicles and the de factor more modest infrastructure for this kind of car. I’ll also mention that the new Slope of Hope (coming soon!) looks gorgeous, particularly in a vehicle being zipped around the Bay Area at high speeds. Elon has another winner on his hands.
That just goes to show you how times have changed. When I started writing the post, I wasn’t even sure they were public! The P/E is about 1600 now, and as you can see from the chart below, it isn’t exactly the buying opportunity that it was when I wrote about it thousands and thousands of percent ago:
(more…)OK, I finally figured it out. It took me long enough, but now I get it.
For years, I’ve had a fascination with stand-up comics. I’m not just talking about their comedy, which I certainly appreciate on its own. Indeed, George Carlin has been Slope’s patron saint for years. I mean my ceaseless interest in their work. What they do. How they do it. What their life as a comic is like. What it really means to be a comic day after day.
I’ve never tried stand-up before. It isn’t out of shyness. I enjoy public performances. I’ve been on stages many, many times. Usually talking. Believe it or not, sometimes even singing. Yes, me, singing on stage. For an audience. Honest. But I’ve never tried comedy, even though I’m known to occasionally write funny stuff.
But it finally did click: I’m already doing it! I’m a stand-up. Or at least something extremely close.
(more…)Today was an historic day for multiple reasons. There were certain aspects of those, shall we say, histrionics that flowed into the market. I wanted to walk through these by way of horizontal price levels and tilted trendlines.
Let’s start off with the Dow Jones Composite, which reached escaped velocity. It has been cramped under that horizontal after since its last big “lift-off” day, which was November 9th. Now, about two months later, it got its next booster. Unless it tumbles below that line again, it seems it is merely positioned for another, higher, range.
