I couldn’t help but notice that Slope didn’t make the cut……….
Misspent Youth
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.
Dead Battery
This infographic is quite germane to my own life right now, because my 2012 Tesla Model S – – with over 170,000 miles on it!! – – has a battery at death’s door. I’m going to get it repaired (yes, you can repair batteries) at a cost of about $5,000, but that beats ditching the car altogether.
Massive Utility Tops
My relationship, as it were, with the Dow Utility Index over the past month has been an interesting one, to say the least. You can see below how, after my latest “Buy” call, we have shot higher, and take careful note of how the volume is drying up swiftly.
Hey, Not So VinFast!
I feel compelled to pick on VinFast (VFS) a bit more, since they pulled an absolutely goofy stunt back in August when they first came public. As you may recall, they released like 1% of their float into the public market, meaning that even a small amount of meme-driven buying sent the stock soaring. Ridiculously, this pipsqueak Vietnamese maker of poorly-rated electric cars had, in August, a market cap greater than GM and Ford combined, times TWO, and then some! This is truly one for the hall of shame…….
Gregarious Gap
It seems like quite a dull day so far. I went ahead and ditched my GDX and GLD puts at a pint-sized profit, and I’ve trimmed back here and there to build my cash up to 10.1%. I think I’ll be doing no other trades today. What’s key at this point is the price gap on the SPY which, thank the market gods, we’ve stayed beneath. I’m planning to be on my first vacation of the century in a few weeks, so I’d appreciate it if the market could blow up so I could get out of my positions and take it easy!
