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.
If I was more on-the-ball, I’d have bought puts on TSLA first thing this morning. Its price action was utterly predictable, because a big piece of news had sent the stock flying higher yesterday evening, and that carried through to this morning. The result? A nearly to-the-penny gap fill.
I continue to dip my toe into the A.I. waters, but honest to God, I’ve yet to be really impressed. My latest exploration was in generative video. Per the website’s instructions, I came up with a script, and I let the super-powerful AI brain do the rest. The results are unexpectedly comic.
I’ve been spending an increasingly large amount of my time researching and exploring artificial intelligence, particularly with respect to the investing world. I stumbled upon something I didn’t know existed, which is an ETF that trades based on AI technology. Its credentials seem to be dazzling:
The United States of America has been facing a looming debt ceiling crisis for several months, and the impact it could have on the stock market is a cause for concern. The debt ceiling is a limit on how much the government can borrow to meet its obligations. It is essentially a cap on the amount of money the federal government can legally borrow to fund its operations. The current debt ceiling is set at $28.5 trillion, and the Treasury Department has warned that the country could hit it by the end of the summer. If the debt ceiling crisis is not resolved, it could have negative effects on the stock market, which in turn could have far-reaching consequences on the economy.
The stock market is a reflection of the economy, and any instability or uncertainty can cause fluctuations in stock prices. If the debt ceiling crisis is not resolved, it could lead to a downgrade in the country’s credit rating, which would make it more expensive for the government to borrow money. This could lead to higher interest rates, which would increase the cost of borrowing for businesses and individuals. Higher interest rates would also discourage investment, which would lead to a slowdown in economic growth and job creation.
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