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.
From time to time, I’ve mentioned Smuckers (SJM) as a short idea, although it was never that appealing since, let’s face it, the valuation of a jelly and jam company isn’t going to be as crazy as, let’s say, Palantir. In any case, SJM is getting hit hard this morning, down about 15%, showing that, jam or no jam, a good pattern should be respected.
I’ll take this opportunity to remind you that SlopeCharts has a variety of interesting Statistics you can use to examine underlying market strength and sentiment.
Over the next twenty-four hours, there should be a couple of relatively important market-moving events. First, sometime today, I suspect there will be some kind of “trade talks are going well” pablum from the China/US delegation. As I mentioned, you can expect that vapid nonsense for years at this point. Second, tomorrow morning, an hour before the opening bell, the CPI inflation report comes out.
Children’s Place (PLCE) has been an occasional subject here on Slope. It sure took its sweet time, but it seems to have reached its long-predicted demise, since it has gone from about $150 to almost zilch.
