I seriously don’t know what the 19 year olds at /wsb were thinking when they turned the world’s most boring store (Bed Bath & Beyond) into a meme stocks like AMC or GME. In any event, it’s another 90%+ loss train-wreck for the boys on reddit.

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.
Whereas I have often referred to the improbably bullish (to many) US dollar as an anti-market, the liquidity collector from the global liquidity driven and speculative mess created by the Fed and its fellows, here is a look at some markets (ETFs & indexes) in their opposite or ‘anti’ suit. In other words, here are some charts flipped over. If the chart is bullish the underlying asset/market is not.
The major risk in my opinion is in the over-hyped inflation trades as inflation signals fade. That means commodities, mainly. But also Materials, Financials and other areas thought to be ‘reflation’ sensitive and highly cyclical.
(more…)Most of you are acquainted with Microstrategy (ticker MSTR). Back in the Internet bubble, it was one of the poster children for the collapse, having plunged from about $3,300 to about 1% of that amount. It was absolutely catastrophic (and, to this day, I have no idea what products or services they make). Somehow they survived.

Below are the energy-related companies against which I own puts; energy was very good to me a number of weeks ago, and I’m back for a second helping.
