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.
NFT for You and Me
Rocket Explosion
This is a tale about risk, hubris, and disaster. I stumbled upon it quite by accident.
Let us begin by taking a look at the chart of a relatively young stock named Rocket Companies (symbol RKT). You may have heard of Rocket Mortgage, but they have a variety of other financial lending products. Anyway, here is the chart, absent a couple weeks of the most recent history:
The Sub-Ten Club
The entire SPAC mania has died down, and for good reason. The days of the original $10 SPAC price going up hundreds of percent was how it began, but now we’ve got SPACs in the single-digits zone, which has been a polar wind through the entire SPAC landscape. Here are some examples of this way-too-popular wipeout:
