There was a time that Gamestop (GME) was some pipsqueak retailer that hardly anyone cared about. Now, under circumstances which are nothing short of freakish, the entire market is getting dragged around by this brick ‘n’ mortar seller of video game software. It’s insane. Here is the stock’s entire history:(more…)
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.
American Airlines is up about 150% over the past year (since, ya know, everyone is just dying to get on airplanes and fly all over the place). I would suggest this stock is getting close to powerful resistance at the price gap of 27.17:
What’s up with the title of this post? Am I ill or something? No. It’s simply how I keep thinking of this market: waiting for the fever to break. In a mad world, the sane person begins to question his own sanity. Or at least that’s my experience. Thus, when I saw Bitcoin rocket past $61,000, I saw the fever was still raging. For the immediate moment, there’s at least a pause, as we’ve had a $5,000 reversal.(more…)