Google (Alphabet) had a blowout quarter and is at record highs. Here’s their business model:
Alphabits
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.
Game ON!
Super Micro Short
Like all tech stocks, SMCI went soaring last week, but it may well turn out all that it accomplished was to provide another great entry point for the bears! This is an impressive right triangle top, although there is some wiggle room higher if it wants to close that gap.
Affluenza in the Extreme
Meet a mega-rich couple. This is Stewart Butterfield and Caterina Fake. Yes, Fake. They created and sold one of the consummate web 2.0 companies, Flickr, for $25 million almost twenty years ago. The co-founders married and, a few years later, got divorced in 2007, then Butterfield created a new company, Slack, which has made him a billionaire. During their brief marriage, they had one child whose name is Mint.
Dow Futility Index
You’re probably even sicker than I of hearing about Dow Utilities ($UTIL) but I can’t help myself. Although, disgusting by seven straight green bars in a row, I pathetically gave up on my bearish position, I’ve got confess, between XLU and NEE, these could all still get nuked in the months ahead. Just sayin’.
