Last week I wrote a post called Muscle Fatigue in which I proposed that Peloton (PTON) was heading for trouble. As I put it, “The longer-term chart suggests to me we’re heading toward almost $100.” We’re getting there!
Fatigue Confirmed
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.
Tesla Alert!
My cell phone buzzed like crazy this morning with chart-based alerts. Here is one of particular interest:
Seven of Seven
The Boredom Demons were tormenting me again most of yesterday. This makes clear why I hate weekends, and why I hate three-day weekends 50% more. At least this was the two-day variety. In any case, struck with nothing meaningful to do, I grabbed Ray Dalio’s three volume set about debt crises (yeah, I’m fun on the weekends). Here’s a tidbit I think you’ll find interesting (sorry for the highlighting, but all my books look like this):
Watch Those Wedges
The title says it all – – the entire market is in a massive wedge, and sooner or later, this sucker is going to resolve. Here’s hoping it’s to the downside.
The Need for Speed
As I’m typing this, a chap from AT&T is perched on a ladder high up on a pole, prepping the fiber optic line that is going to snake its way into my house.
I’ve been online, in one form or another, since 1981. The fiber install today got me thinking a bit about my history with connectivity. My first go at it was with my TRS-80 Model I and a 300 baud Lynx modem. I couldn’t find an image of it – – – and, mercifully, I just barely missed being required to use an acoustic coupler like the one shown below – – but this is pretty much the level of technology I was dealing with (and I felt fancy having 300 baud instead of a mere 110):
