A year ago, if you were asked to pick the commodity that would thrive during the recovery, you might have picked crude oil or gold. Not so. It turns out that the absolutely monster gains were from…………..wood.
Board to Death
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.
Monster Mid-Caps Trendline
Today it’s the same old, same old. Screen all green. Lifetime highs. And so forth. You know the drill.
I would quietly draw your attention to MDY, the mid-cap ETF. Take note in particular the upper trendline which goes back a dozen years.
Touching Tesla
The star of the show after the close today is Tesla, which does their quarterly earnings announcement. Here is a smorgasbord of information from Slope related to this announcement…….
Elementary, Watson
For reasons that will eventually be self-evident, I’ve taken quite an interest in artificial intelligence (AI) lately. In particular, I’ve been doing a deep dive into the intersection of finance and AI, since there are a gazillion companies pursuing the (misguided) notion that the right code can make them billions.
One such firm is located in San Francisco, and its name is Equbot. Their website goes to great lengths to show the sheer volume of data they are processing, the techniques they are employing, and the speed they are handling multiple spigots of information:
