I’ve long had a sneering distaste for Abercrombie & Fitch, and on Monday I bought some November puts. So far, so good!
Goin’ Down on ANF
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.
Regulatory Capture Redux
If you want to see what a crackerjack job the government has done in suppressing an actual market, just look at the item below. 2020 was a real market. Volatility. Huge swings. 2024, on the other hand, is a pathetic joke, controlled directly by D.C. in a desperate bid to retain power. When the wheels come off, it will be impossible to stop me from laughing and cheering.
Pew! Pew! Pew!
I seriously had no idea the industry was this huge. Old fart with cane time: what a stupid waste of time.
Short Uncle Warren (by LZ)
Berkshire Hathaway spiked right to resistance over the past few days. Some risk of overthrow because the topping signal is on, indicating a bullish move is still underway. Financials including regional banks, real estate and the Russell 2000 all sport the same topping signal on the daily charts.
Stupefy
As if being a bear in a totally fake market wasn’t hard enough, yesterday some reprehensible douche nozzle named Bradley Sills from Bank of America announced that the stock Shopify (SHOP) was just a peachy-keen “buy” and, gosh darn it, you should exchange cash for shares. The stock ripped higher, causing me to just about puke, since I had some very profitable puts on it. I dumped them at a small profit and then, of course, this morning, the ENTIRE lift has been destroyed, because, let’s face it, Shopify is probably only worth $zero per share.
