So the sophomoric $TWTR bid of $54.20 will eventually be replaced by a new bid of 69 cents. Because it’s funny. Heh. Anyway, the stock is actually DOWN on a huge buyout offer and has lost about 20% from the pre-market.
Twitter Drama a Total Bust
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.
Close Shaves
Treasury Bombs
Want to see a real bear market? I present to you: United States Treasury Bonds (AKA faith in the future of this once-great country):
Get On With It!
To come right to the point, it would be awfully nice if the market would stop dicking around and plunge like it’s supposed to do. All this teasing, little up, little down, little up, little down, is boring and maddening. Come on, Mr. Market. You know you’re astronomically overvalued. Get yourself right!
Speaking of little down, that’s what we got (as of pre-open, at least) as the /ES has meandered pointlessly since yesterday, producing a petite rounded top.
The Gaps Matter
After my epic previous post, I figured I was done for the day, but nope, let’s do one last quickie. Below are six major U.S. stock market indexes. I merely share this to illustrate the importance, and the consistency, of the price gap that was defined last weekend. I have anchored each recent horizontal to the same gap. Let’s just agree that it would help the bears an awful lot if we managed to stay below these gaps.
