This is just remarkable. In the span of only three months, this Internet giant has lost SEVENTY PERCENT of its value. Signs and wonders………
Shopify Til You Dropify
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.
Jeans
Months ago, I suggested shorting label king Avery, and five weeks ago, I followed up (see arrow) to state the short was going well and it was about to get better.
HARD ABOUT!
I didn’t wake up this morning planning to do a thing, but over the course of the first couple of trading hours today, I have done a MAJOR SHIFT. It was signaled rather strongly when I wrote this:
(more…)Although there’s hardly a single instance of profit-taking this year that I have not regretted, I have been taking some profits today. I am down to 28 bearish positions in my main account, and I am at 30% cash, which is higher than it’s been in a very long time. Again, I’ve been just straight-up stupid with my profit-taking in 2022, but I wanted to at least make plain I’ve taken the foot off the gas pedal some with the hope (perhaps misplaced) of better entry prices to get aggressive again.
I Gold You So
Well, it’s not like I haven’t been mentioning it for months, but gold was crazy-cheap last year, and even now it’s cheap. It’s wonderful owning so much of something that has become a rocket ship. Gold has absolutely trampled over the 2,000 alt-coin silliness things out there. The barbarous relic is rocking the free world.
Nickel and Dimed
One seriously has to wonder why the Fed thinks inflation is running at about 2%. More like 40%, you clowns. Here’s what NICKEL did yesterday, which isn’t exactly a market one normally reads about.
