This is an extraordinary illustration of the power of exponents. Below is the chart of UVXY, which is the ultra-short fund based on the VIX. Let’s just say it isn’t a good long-term investment. It has been reverse-split countless times, for obvious reasons. Its price as I am composing this post is about $7.45. Want to know its price when it started trading? A little under $25 billion. Just sayin’.
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.
InSania
We’ve slipped passed the boundary of silly at this point. Below I present to you NVDA, the darling of the stock market, and the Cisco of the modern age. Keep an eye on that midline, folks, particularly keeping in mind that earnings are out Wednesday afternoon!
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