Oft-mentioned short candidate ADM is working its stuff.
Archer on the Move
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.
The Sanchez Test
The big event this afternoon is going to be Amazon, which reports earnings immediately after the close. I don’t touch this stuff myself, but my gut feel is that it looks pretty strong. It’s near lifetime highs, but it’s frankly a fairly inscrutable chart right now. I’d love to see it take a hard fall, of course, for a LOT of reasons, but I wouldn’t be surprised to see it pull a Google and blast to lifetime highs instead.
Pecunia Est Veritas
If the protestors had any idea how corrupt the world of private equity is (which is the main investment destination of these billions), they’d instantly forget about politics and turn violent against the money men. But………they’re not as smart as you’d think.
A Girl’s Best Short
Speaking of diamonds……….it’s pretty amazing (and very rare) that technology can beat nature so handily. It takes a couple of hours to make the same diamond that takes the universe a couple of billion years to finish. The hundreds of billions of dollars “invested” in these things over the past century has been about as shrewd as going long the Japanese Yen. Well done, De Beers!
Diamond Dust
I’ve had it up to the proverbial “here” with semiconductors, so I dumped the one true loser in my portfolio, my SMH puts. In exchange, I went into Dow 30 ETF puts (the “diamonds”) which , unlike SMH, doesn’t go up every freakin’ day. My stop loss on this is anywhere above 384.03:
