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.
OK, I’m going to throw some shade directly at myself. Tim Always Chickens Out. There’s your TACO right there. Because early today, I took four-figure profits on PALL and am done with it for now. Why? What about the amazing long-term pattern?
As always, I’ll level with you. I look at this chart of gold, and nothing about it says oversold, beaten to smithereens, or any other expression which indicates it is at a safe price.
I’ve made allusions in the past to The Tale. It’s truly the most incredible story of my life, but I can’t tell it for years. In the meanwhile, I’ve suggested multiple times that Meta’s deep-pocketed effort to take over AI would ultimately flop. The first hint of this has come out in the form of Meta kicking 600 of its AI employees out the door, giving them sixteen weeks of severance as a thank-you.
The big mover this morning is crude oil, which has shot over 5% (hey, that’ll help inflation and the economy, right?) since Trump and Putin are hating each other these days.
Michael Saylor is heralded at some kind of business super genius. I’m not so sure. He has staked his company’s entire fortune and future on one and only one thing: Bitcoin’s price. I think there’s no middleground: he will either succeed wildly and be heralded as a legend, or he is going to create one of the biggest corporate fiascos in business history.
One thing I can say for sure, however: his company’s stock price is down 50% over the past eleven months, and in this laughably over supported, overvalued market, that’s pretty pathetic.
