Our conception of an Amazon shareholder checking her portfolio on Friday if Amazon has a big earnings miss on Thursday (photo via our Shutterstock subscription).
(more…)In Case Amazon Whiffs On Its Earnings
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.
Volatility Finder
All right, I’ve got a post for you which isn’t a recapitulation of how this market blows. Indeed, it’s a terrific improvement to our Volatility Calendar in the form of a simple dropdown:
Normally, when you see the calendar, you see the most popular stocks at the top:
(more…)Bored to Death
For Your Consideration
A very long time ago, one of the highlights of my year was when a family friend of ours would host his annual Oscars party. He would dress in a tuxedo, and we’d all gather at his house for drinks and hors d’oeuvres as we watched the red carpet arrivals and speculated on who would win what. It was great fun, particularly since we had seen most of the movies that had been nominated.
How times have changed. Who gives a crap about the Oscars anymore? And these movies and actors — Minari? Mank? Steve Yeun? LaKeith Stanfield? — Never seen ’em, never heard of ’em. It’s no surprise then, to see the trend:
I think the Oscars are a lot like business travel. Covid changed society permanently, and it’ll never, ever really be back.
Atmospheric Change
It’s been quiet for a long time. Exceptionally quiet. And why shouldn’t it be? Things are humming along in a manner that is satisfying to one and all. No one’s really needing to work. Everyone’s getting to gamble. And it’s easy to turn a profit. I’m sure people would like things to be like this until the end of time. Naturally.
It is said that the wisest words ever uttered were: “And this, too, shall pass.” Although people don’t want the firehose of free-money and risk-free profits to ever end, it will. I have no basis for saying so except the entirety of human history. It’ll end. And it will do so for reasons none of us are imagining.
Part of the quiet, incidentally, is in my own inbox. Tumbleweeds blow by, dust collects, and no missives sully it. I shouldn’t complain, though. I’d rather it be empty than full of anger. Empty isn’t so bad for a little while. The world has just the right mix of complacency and shock to not need to say anything.
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