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.
A Dozen Days of Prison
Feeling frustrated? Trapped? Exasperated?
You’re not alone. The reason is simple: we have spent WEEKS (specifically, twelve trading days) trapped inside a teeny little range, with the market lacking any particular reason to go up or down by any meaningful amount. The longer this incarceration goes on, the bigger a deal it’ll be when it breaks.
I Feel So Ordinary!
This is one of those tall-ass infographics, so I’ve put it below the fold. I’m old enough to remember the cover story on Money magazine declaring “A Million Millionaires” (on the planet, I guess). These days, EVERYONE is a millionaire. The magic of inflation………
(more…)The Kenny Rogers Excursus
One of the funniest things I’ve ever heard…….
Tesla Fanboys In Revolt
Of all the corners of the Internet that worshipped Elon Musk, none was more zealous than the one populated by the sebaceous young men over at the /wallstreetbets sub-reddit. They absolutely adored the guy, referring to him as “Papa Musk” and depending on him to make them rich before they reached the ripe old age of 25.
Well, just as the most strident anti-smokers are people who used to smoke but quit, likewise the young lads populating WSB absolutely despise Elon Musk, since they feel so betrayed by him. More specifically, since TSLA has lost three-quarters of its former trillion dollar market cap, countless Robinhood and E*TRADE accounts lay in tatters. If you visit WSB these days, you’ll find the vast majority of front page content is nothing more than some form of Tesla-bashing or Elon-raging. I offer to you a sampling:
