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.
It is remarkable to me how Fibonacci-friendly Tesla (TSLA) is. Time after time, it respects Fib levels for support and resistance, although its moves are getting increasingly tepid, as interest in TSLA continues to wane. After all, it’s in last place in the 500 S&P stocks, so interest is, quite understandably, diminishing.
Inflation, bad economics, and slower consumer spending have hit even the nation’s most affordable retail stores – Family Dollar.
On Wednesday, 13 March Dollar Tree announced its fourth-quarter earnings, and despite the revenue growth over recent months, the company announced that it’s planning on closing nearly 1,000 of its Family Dollar-owned stores.
Back in 2015, Dollar Tree acquired Family Dollar in a $8.5 billion deal in an attempt to create a coup de grace that would challenge nearest discount competitors Dollar General and Walmart.
Unfortunately, Dollar Tree had to learn these lessons the hard way, following the acquisition and the difficulty of having to rebuild the reputation of the downtrodden Family Dollar brand that has been ridiculed with bad publicity and increasing competition within an already slow consumer market.
(more…)Bulls were counting on Jensen Huang to supercharge the bull market into a whole new chapter yesterday afternoon, by making a speech about the super-expensive, super-fast, super-huge new computing products Nvidia was announcing. It didn’t work. NVDA, SMCI, SMH, and QQQ are all down, and AMD, a vitally important component of the semi/AI bubble, has broken short-term support.
Michael Saylor is heralded as some kind of super-genius by doing the following:
Personally, I think it’s madness, and on occasion the market has a moment of lucidity.
BONUS FUN FACT: Microstrategy is the same price now as it was in January 2000, nearly a QUARTER FREAKIN’ CENTURY AGO.
