Here are a few fun tidbits about the ski business, which of course is enjoying a very good year. I don’t ski as much as I used to, but it’s interesting to see how this sector has changed:
The OTHER Slope
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.
Super-Virus
When I sell a position, I make a space for it in my spreadsheet so I can track what it did afterward. As you can well imagine, the dozens and dozens of put positions I’ve closed over the past couple of months have been blasted to smithereens, which means, first, that I’m glad I got out, and second, this market is quite obviously going to roll over bearish positions with a Mack truck.
Out of 40 positions, there are merely two that are in the green. That is to say, only two were so incredibly defiant (which means WEAK in their stock price) that they’ve prospered. One of them is XLU, which is our old friend. The other, shown below, is Freeport McMoran (FCX). My point here is that if, in the face of all this insane bullishness, FCX can continue to make money for the bears, then it has some serious, serious troubles ahead.
More NVDA Nonsense
This company is now worth more than the entire GDP of Russia, South Korea, Australia………..!?!?!?
Nothing Doing
You know how markets work these days: up to record highs during normal hours, and down a minuscule tidbit in nighttime trading to make people think it still goes both directions. It happened again just now. On Sunday evening, equities were red across the board. As we approach the opening bell – – nope. Just another day in Federal-Reserve-Candy-Land.
Another Brick in the Wall
I’m here for advice. Ideas. Musings.
As some of you know, I am now the proud owner of the domain wallofworry.com, which is pretty much the antonym of slopeofhope.com. The latter is bearish, and the former is bullish. Some have suggested to me, hey, bud, in this endless bull market, why not reposition your site for the bulls? You’ll do better!
Well, here’s the thing. If you examine Slope, you’ll find precisely 0.00% of the tools I provide here are bullish or bearish. They are totally neutral. So I’m not sure how I’d do “better” with a different domain. If I am stupidly overlooking something, let me know, because besides simply forwarding all wallofworry.com traffic to Slope, I’m not sure what else folks are thinking that would be such a boon for the site! I’m all ears.
