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.
The core sector for the equity rally, semiconductors, seems to have lost its mojo. Of particular import, I’d say, is whether or not the recent slip in NVDA is just a brief pause (like the previous red arrow) or something more sinister.
A few hours ago, Bitcoin blasted well above $71,000, only to give it up for no particular reason (except, naturally, buying exhaustion).
Here’s a very typical WSB tale.
Gamestop (a garbage company I’ve had in my Bear Pen for many, many months) was to announce earnings after the close on Tuesday. In anticipation of that, a young “trader” decided to put his entire account into short-dated, way-out-of-the-money calls. He was actually showing a profit on them at the time.
