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.
I have a substantial bearish position on the energy fund XLE (long December 17 2021 puts). It was distressing this morning to see what XLE was doing before the market opened this morning. Thanks to the OPEC cartel, crude oil was raging higher, and so too was XLE. I wondered if I should just give up on my XLE puts and be done with it.
Given the disposition of most Slopers, I suspect there isn’t much sympathy for the Covid-19 vaccine-profiteers getting hit. In particular, Moderna (MRNA) a company that was in the right place at the right time when Covid hit (and, in doing so, made its founders multi-billionaires) is getting nuked again. At this point, it has lost well more than 40% of its value.
In a post earlier this week (“Silvergate Soars Again“), we included this screen capture of our system’s top ten names from six months ago,
