Well, there goes another Green New Deal Tesla wannabe: Canoo, Inc. (GOEV) looks pretty much done-for, having fallen from $572 to 40 cents.
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.
Nixon Now!
Here is the electoral college map from 1972. How’s THAT for a landslide? It’s also a poignant example of how quickly one can fall from grace. Only a year and a half into his new term, Nixon would leave the White House is complete disgrace, the only President ever to resign office in the history of the nation.
Dow Industrial Really Average
The big news after the close on Friday was that the most exciting company on the planet (Nvidia) and the least exciting (Sherwin Williams Paints) were going to be added to the Dow 30 Industrial Average, which is far and away the most prestigious honor any public company can have. The Dow is to the Oscars what the S&P 500 is to the People’s Choice Awards. It’s a big, big deal.
And how much did NVDA explode higher this morning? 20%? 30%?
Neither. It went up precisely Dick% because the company is so laughably overvalued that even this amazing news couldn’t budge it.
Election Eve Exuberance
Tensions are running high, with the grueling 2024 election cycle finally drawing to a close. Tomorrow is the big day, although you’d never know it looking at the VIX, which is ambling around 20 with complete indifference to any future risk.
(more…)The Intelligent Celibate
Not to worry. The Congo is cranking out TONS of new humans.