I was puzzled to see that Zoom Communications (ZM) went rocketing higher after hours. I don’t have a position, but intuitively I’d figure that Zoom, like Peloton, would be just withering away. The world make sense shortly thereafter when ZM reversed and plunged during the same after-hours session.(more…)
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.
Well THAT was interesting. Let’s review the day, shall we?(more…)
Broken Rainbow Blues
So far my suspicions about the rainbow have been true. I doubted myself briefly this weekend when crypto vaulted higher, but not anymore. If you see ETH slip under $4k and stay there, look out below.
The Gig Is Up
Here’s a sampling of some of the “gig economy” stocks that are falling to pieces. Remember, folks, the only thing holding the market up is a handful of megacap stocks; under the surface, things are starting to rot. If the day comes that the likes of AAPL and MSFT start to fall, it’s game over, man.(more…)
Those Screams Are From /WSB
The nineteen year old wankers over on /wsb have lost their last friend. Roblox was the only meme stock left that didn’t suck, and it just drove off with the last of their money. Hysterical.