A Debt of Latitude
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.
Volatile Sectors
From my colleagues at tastytrade……..
That’s Amore!
During the after hours session, far and away the most boring non-event was, ironically, the one everyone was watching: Amazon. The US Treasury market is about fifty times more exciting than this former dynamo, and you’ve got to feel sorry (well, not really……….) for all the goofballs who YOLO’d their way into aggressive short-dated options positions, hoping for some kind of home run. The only winners were the options SELLERS. Everyone else got the Dirty Sanchez.
Amazon TBD
Amazon numbers just came out, and it seems to be kind of a nothing-burger so far. It’s up a tiny bit as I am typing these words, although it had a bit of a freakout in the minutes before the release. Let’s see if the conference call shakes this up. Suffice it to say that this doesn’t look like a wreck (like META) or an explosive mover higher (like GOOGL). It’s more of a ……….. meh.
Scrambled Cheggs
It seems that a business model of renting textbooks would have been amazing in the 1970s and 1980s, but these days………..not so much. This 96% wipeout is a catastrophe, and I can’t imagine this thing still existing in a year or two. I’m sure the founders cashed out near the top and are fine, though.
