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.
When I was growing up, the go-to apple my mom would provide in the house was the Red Delicious. There have been few greater lies in human history. “Red”, sure, I’ll give it to you. We’re in agreement there. But “Delicious”? How about mealy? Or bland? Or disappointing? I guess Red Disappointment didn’t pass muster with the apple marketing board, but I feel a certain sense of justice in being executed in our society as red delicious goes the way of the Jello mold in terms of household staples.
By their very nature, leveraged ETFs almost always grind their way to $0, being reverse-split repeatedly to keep them alive. DUST, the bearish-on-miners ETF, is no exception:
An interesting little short about the pencil-think, super-expensive skyscrapers on the southern edge of Central Park:
First off, everyone settle down. One night out of the year I go to bed at midnight, so naturally I didn’t spring out of bed at 5 a.m. like usual. Instead, I woke up at – – gasp — 7 a.m., while it’s still dark outside, and I’m greeted by all kinds of messages wondering what happened to me and why there’s no new post. I live in a world of financial websites that do maybe 2 or 3 posts a week, instead of 100 like mine, and people freak out if they are not spoon-fed sugar every hour or so. Sheesh!
Anyway: nothing characterizes this market better than the giant “V” from the /RTY over the course of about ten months:
