Almost exactly two months ago, I suggested Restoration Hardware as a short-sale in the post titled Restoration Citation. Well, I’d say that worked out rather well, wouldn’t you? $100 blown away, and plenty of potential left.
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.
Capital Losses. The Final Frontier.
Dick Branson’s vanity space tourism company $SPCE has lost 82% of its value for its poor shareholders in just six months time. Just 18% to go! You can do it, Dick!
It’s a Start
Yesterday I noticed how the emerging markets fund (EEM) was in a reliable channel for the past year and it seemed plausible that we’d start heading south. Although one shouldn’t draw conclusions based on just an hour of trading, at least we’re off to a decent start. Personally, I’ve got March $52 puts on this:
(more…)Pee Pee Eye
Yesterday morning’s report, the CPI, came in rather hot, and equities went up. This morning’s report, the PPI, came in stone cold, and……..equities went up. Magic, eh? In any case, you can see here the projected PPI (gold bar) versus the actual data (blue bar). So it seems all the inflation chatter might calm down, since the government data reflects it is perhaps transitory, in spite of all the evidence before you every time you shop.
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