Let’s take a walk through Cash Index Park and make a few observations. We start with the Dow Jones Composite, which needs to remain below the demarcation below to give the bears a fighting chance.
Pick of the Litter
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.
What Was Up When GameStop Tanked
Contra this GameStop billboard from North Dallas, lots of shareholders were selling on Tuesday, as the stock dropped 60% (Image via r/WallStreetBets).
NEW: Risk Analysis Mode
Besides SlopeCharts and the Posts section, my favorite part of the website these days has become SlopeMATRIX. A primitive version of this came out a few years back, but I was so dissatisfied with it I got rid of it. We reintroduced the product in a far better fashion recently, and we’ve just added an important new mode I’d like to tell you about: Risk Mode.
To understand this, you should know MATRIX has four different modes, the newest of which is designed to help manage risk and opportunities:
A Funny Thing Happened on the Way to Wall Street
Originally published by friend-of-Slope MoleCool, AKA EvilSpeculator:
So a funny thing happened on the way to Wall Street last week. A rabid rabble of Robinhood retail rats on Reddit took advantage of a perceived market inefficiency in Gamestop (GME) and decided it would be a fun idea to drive up the stock and in the process stick it to the ‘man’ as an extra bonus. As you would expect it didn’t take long until all hell broke loose, for the high priests of finance don’t enjoy seeing their sacred privileges challenged. So they did what any self respecting incumbent would do: They decided to make a phone call…
(more…)Boosters Activated
I’ve been reading (and also writing) more about space tourism lately, but I’ve got to say, it’s pretty odd that the fresh news of the latest SpaceX fiasco………
