Also from the “I lost track of how bad this was getting mauled” department, there is Cracker Barrel (CBRL). My long-term bearish view of this one would have worked out great, but I’m afraid I never found the patience. What a train-wreck!
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.
Bears may be familiar with Jeff Snider’s work which Baby Bear often posts here.
He’s been going on about the yuan and China of late as warranted, but I checked the charts to see how it behaved heading into the 2015 depreciation (called a devaluation because they let it drop to the market rate) and now. Might it offer some value?
Both charts below show USDCNY spot and the CFETS parity rate. The first chart is 2013 to 2015. The second chart is 2022 until now.
In terms of the spread, the gap now is wider than in 2015 heading into the depreciation.(more…)
Pretty damned impressive that Tesla is holding its trendline in spite of the tidal waves of equity selling.
Here is Realty Corp (symbol O) which I declared bearish due to its diamond pattern. And, so………(more…)