Remember early in the year when Buzzfeed declared it would use ChatGPT to write its articles, and everyone went ape-shit about how awesome this was and their stock traded almost a QUARTER BILLION SHARES? Yeah, well, here’s an update.
(more…)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.
Short Intel!
What we have here is a nearly perfect match of the 2022 peak (see arrows). I actually was going to buy puts on INTC earlier this morning, but I decided on SMH instead. In any case, the day is far from done, but so far we’ve got a nice shooting star candle.
Those Healthy Banks!
The Treasury Department will tell you that banks have never been healthier. Utter crap. Banks are, by honest accounting methods, largely bankrupt and should have shuttered many years ago. They’re being kept afloat by a dishonest government. Here’s what reported, and this is what they CHOOSE to tell you.
(more…)Apple Gap Version 2
My declaration a week ago about Apple’s fall threw off 200%+ options gains (let’s not go there). I strongly suspect next week you’re going to see AAPL fall again, and hard.
VinBlast
Remember a couple of weeks back, when a Vietnamese electric car maker had a market cap LARGER than General Motors PLUS Ford PLUS another General Motors PLUS another Ford, and THEN some? Yeah, well, horseshit didn’t last long, did it?