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.
June’s Tune
I wanted to take a moment to acknowledge what a wretched June crypto had. Bitcoin, shown below, lost about 15% of its value from June 5 to June 28th, just a few weeks’ time. Quite clearly, the fever has broken, although there’s no limit to how low this thing would go before the crypto weirdos would cry blue murder.
Freaky Friday
I think the market gods must have heard me complaining loudly about how boring the market was, because they delivered an amazing Friday to us. It started with an explosive Trump-is-gonna-win rally across the board, only to see the completely green market turn completely red. This was simultaneous with LIFETIME intraday highs on the /ES and the /NQ. What a great way to end the first half of 2024!
Retail Bears
Here are some INCREDIBLY successful stocks which are INCREDIBLY expensive right now which you might want to consider going bearish against: Costco and Casey’s:
Post-Covid Blues
Remember BioNTech? They had the happy fortune of having a biotech drug just when Covid hit. Let’s just say there hasn’t been a second act………..
