This is one of those days in which only a fool would dare offer short-sales ideas. I am that fool! Below are a quartet of personal credit companies whose patterns I find enticing…………
Pick a Card, Any Card
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.
The China Canard
Thanks to a tidal wave of completely-made-up economic “data” from the central planning committee of the Chinese Communist Party, the China stock ETF symbol FXI went up almost 30% from just Tuesday’s low to Wednesday’s high, with many single stocks going up much more. Well, that’s all well and good, but their bull market is totally dead and buried, and Communist lies are not going to fool anyone for too terribly long.
Taking Out the Trash
Well, you know the bear fever has broken when I’m doing a stupid post like this one. All the same, I went through all 100 stocks in my Recent IPO watch list and plucked out eight that I actually think look decent on the long side. My favorite of these is sweetgreen (symbol SG). Anyway, here goes:
Wisdom of the Crowd
Since I think the market is going to be annoying until the Quad OpEx finishes tomorrow, I’ll do a post about something un-chart-related.
Here in the Bay Area, at long last the Sunny Balwani trial is finally starting. Sunny is, of course, the co-conspirator with the whole Theranos mess. Now that his former decades-younger girlfriend Elizabeth Holmes has been convicted of multiple felonies (and, like all wrongdoers, is whiling away her days on a huge estate enjoying time with her family), the court is ready to deal with Mr. Balwani.
What prompted this post is the following………….
Linger
Good morning everyone. My examination of charts this morning was briefly interrupted by the repulsion of an invading army of fish-eating racoons by one of my intrepid canines, but I’m back at my desk.
After yesterday’s horrendous and inexplicable explosion in equity prices, it’s nice to wake up to pure red, although it doesn’t mean much. We’ve simply spent the night burning off the “hey, bears, screw YOU” final thrust yesterday (rounded rectangle below). It’s just froth at the top of the beer.
