Well, just like I’ve mentioned about eight thousand times, particularly on my tastytrade show, what I called the “Accidental Beneficiary of Covid” (ABC) — Peloton – – has finally hit the skids. I’ve been making snarky remarks about this place for ages, since I never believed cheesecake-gobbling Americans would pay big fees every month to exercise and get shouted encouraging bromides from strangers. I’d say this has vastly lower to go. The head and shoulders pattern I’ve been tracking for months is completed, and it’s bombs away now.
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.
Looks like some of the stars of the “gig” economy are turning south:(more…)
This is going to be a quick drive by post as I have my second crypto trading masterclass scheduled for tonight at 4:00pm Eastern. Be there or be square! Anyway, yesterday’s drop in equities at first look like the real McCoy but then – true to form – yet another floor materialized late in the session.(more…)