Another lifetime low, every day. I wish the entire market could look like this!
Down, Just Terrible
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.
Disunity (by Xerxes)
This is another ticker I’m adding to my watch list. Unity (U) is a company that, according to the Yahoo company description, “operates a platform that provides real-time 3D content and experiences. Its platform provides artificial intelligence solutions that support creators in building, running, and growing immersive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices.”
They began operating in 2020 and are a decent sized company with over 6k employees. But they have negative earnings and average to high debt. I took a look at their financials and there is nothing else eye-popping there. I do see that QoQ and YoY they are trying to increase their cash position. This issued very little long-term debt this past year, but I imagine if things don’t improve, they’ll be forced to issue more or to issue more stock, both of which are bad news for investors. The majority of the investors are institutional at 71%. I suppose because it is not involved directly with AI and so if it can’t be part of the AI movement, then money will likely move out of this consistent money loser into bigger names.
(more…)Drone Dud Rally
The supposition going into this weekend was that all holy hell was going to break loose and that markets would plunge, oh, right about now. Instead what happened was that Iran sent hundreds and hundreds of weapons to Israel, and they were all neutralized. So, yeah, kind of a dud, and this is clearly reflected in the plunging VIX (my concerns expressed on Saturday morning’s video about the VIX are being fully realized here).
To Market, To Market
I had never even heard of Facebook Marketplace, but apparently this is setting the world on fire. I’m actually more intrigued that Craigslist is falling to pieces. My experience with Craigslist is that it is entirely populated by freaks, weirdos, and scam artists, and I avoid it like the plague.
