Good News: Fraud is DOWN!
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.
The End of AI Insanity
I used to think that talking smack about crypto got me into trouble. That’s nothing compared to AI. Just try tweeting out something which isn’t fawning-fan-boy level about artificial intelligence. You’ll get slammed for how out-of-step and unimaginative you are. Suffice it to say that the AI lunacy, and yes, it’s lunacy, thrust its way into equity valuations without pity until a few weeks ago. Thank God, this is starting to change……….
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Pulsating Pattern
All leading up to the big CPI news tomorrow………I notice the counter-trend thrusts are turning sharper and are moving closer together.
Mightier Than the Sword
Perhaps you read that Penn Gaming, which paid $551 million to buy Barstool, has decided to GIVE IT BACK to David Portnoy for nothing. Pretty good deal for Dave, eh? This was a perfect gap-fill on the news:
Road Blocks
Roblox (RBLX) announced their results this morning, and it seems the “down and out‘ behavior I’ve been describing (that is to say, the prices’ abandonment of its nascent bullish pattern) was quite prescient. It is down about 20% right now and 80% from its laughable November 2021 peak.
