Yet another victory for the bulls:
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.
I see the bulls on Slope are high-fiving about being long and raking in the green. Good for them. Q1 2023 has obviously been brutal for the bears, but I just looked at my portfolio, and I’m down 2.8% for the entire quarter. It’s a loss, true, but c’mon, considering what the bears have been through, that’s pretty damned good. In any case, I’m still heavy into cash (25.6% at the moment) and offer the item below as a prospective short play. I’ve got September $21 puts on this sucker:
This has hardly been an electrifying week in the market, so I thought I’d just strip out all the fluff and offer something very clean and without commentary: a variety of important indexes, showing nothing but the exponential moving averages (50, 100, and 200 day). This will give you an unadulterated sense of direction and momentum.
One of the most egregious and outrageous examples of investor stupidity (and corporate fraud) from the horrendously evil last decade has been Nikola Research (NKLA) whose convicted founder is still free (kind of like Elizabeth Holmes) and whose company is so desperate for new suckers that they just tried to raise another $100,000,000 in cash. This stock is a total joke, and I celebrate its demise.