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 don’t think management matters, I’ve got something for you to see. Below is the chart of Brinker International (symbol EAT) which is blasting to lifetime highs almost every single day, even when the market is getting mauled. Their main business is the lame restaurant Chili’s.
I’m too skeered to go bearish on Costco (COST) again, but I’ve got to tell you, it’s looking vulnerable.
Conoco Phillips gave me a good scare this morning, blasting its shares higher. It apparently doesn’t realize what a wreck the economy is going to be worldwide. Did I bail? Let me put it this way: I increased my bearish position by 25%, selling into the strength.
Wingstop (WING) is a crappy restaurant chain which I suggested as a bearish position last year. I bought puts, made a nice profit, but then dumped them like Tom Lee skipping across a pink-festooned stage at a spring fashion show.
Good morning, everyone! Are you ready for your one-day trading week? I sure am, and we’re off to a nice start.
