Let’s look at how some ETFs are reacting to the first Fed announcement of the year (which obviously was content-free):
Quick Takes
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.
Showtime!
GameStop isn’t the only target of the squeeze team. Just look at AMC Entertainment. It was $1.91 earlier this month. Now it’s in the mid-teens. Let’s just all agree that paying huge leases on empty movie theatres isn’t a great business model, but that obviously doesn’t mean anything anymore.
Roof Flies Off
Well, my little parking lot missive was a massive hit. I guess certain Slopers don’t know an awesome post when they see one. In any case, time for a comments cleaner, and this graph seems as germane as any:
The Legend of D.F.V.
About a year ago, not that many people had heard of WallStreetBets, and even fewer people frequented the place. Sure, as an investment subculture of the Internet, it was a fairly big deal, but the growth and media presence over the past year has been stunning.
This post isn’t about WSB in general but about one user in particular: he goes by the R-rated screen name of /deepfuckingvalue, but for the sake of semi-decency, we’ll just refer to this anonymous trader as DFV. I’m also going to assume that “he” is a “he”, since the male/female ratio of WSB is about a billion to one.
(more…)History in the Making
If I ever do an update to my Panic Prosperity and Progress book, I’m going to have a lot of fresh material.
