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.
In case you missed it, the hottest meme stock these days is AST SpaceMobile (ASTS). Personally I think the excitement around this is the expression of a latent desire for SpaceX to be public (which it isn’t), so they’re getting their space ya-ya’s out on this thing.
You are probably acquainted with the hedonic treadmill, or what I usually call hedonic acclimation. It asserts, quite correctly, that humans tend to become accustomed to whatever the circumstances in their life are and consider that to be “normal“, whether you’re imprisoned or living the vapid life of endless indulgence like Lauren Sanchez or Paris Hilton. Whatever you encounter day to day becomes the norm, and slight variances from that become good or bad……….but just for you.
Here’s an interesting view as to what percentage of the population of various countries believes in life after death. Looks like decades of Communist propaganda has convinced almost all the Chinese that we’re nothing more than meaningless biological accidents.
The bears are just about done. It’s quite clear that the selling we saw earlier this month (which lasted all of two trading days – – August 1st and 2nd) is a freak occurrence, and 95% of the time, the market will simply get more overvalued. The LAST opportunity – – and I do mean the last – – for the bears to have any hope is if these gaps hold. If they don’t………..I guess it’s off to Dow 100,000.
There is one super-hot stock (hence the lava) I had never heard of until today called Cava, which evidently is a fast-growing restaurant chain of Mediterranean-themed restaurants. Here is their stock chart whose symbol, you guessed it, is CAVA:
