Q2 2025 earnings season kicks off in earnest Tuesday morning with, naturally, the banks.
Beginning with Banks
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.
Total Immunity
States of Change
This is a very cool diagram: it shows the most common jobs in each of the fifty states. What’s striking is that, in 1998, virtually every single state had the same leading job: a person selling you a product. These days, I guess partly due to Amazon, there’s a lot more variety in what people do.
Restoration
A newer short position of mine is Restoration Hardware (RH), which has actually already lost about three-quarters of its market cap! My stop-loss level is 217.65
Sixty-Two Fifty-Eight
It’s quite evident that no amount of “bad” news is going to sink this market. This weekend’s big bombshell about 30% tariffs gave us a bit of red at the open, but an important change has taken place: the 6258 level on the /ES (which, for seven months held the record as the LIFETIME high) was conquered last Wednesday (blue oval) which altered the line from resistance (red arrows) to, now, support (green arrows). Until this line is definitely broken to the downside, the bulls are in total control.
