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.
With oil around triple digits, energy-focused giants are thriving. What’s good for them is bad for everyone else, so the XLE fund is trading at record highs (or as your hero might say, “at levels no one ever thought possible before, pretty much.”)
In the midst of this very, very green morning, I offer to you a new short-sale idea: WeRide (WRD), the Chinese autonomous driving company. This is one of those equities which is at lifetime lows but still has an impressive “top” anyway. I shorted this on Friday and have already tightened up its stop-loss to $7.
Do we have another Friday morning on our hands? Just like then, the market has climbed all night long, providing hope to the bulls that this brutal bear market (AKA a few weeks of modest slippage versus lifetime highs every single day) is over at long last.
They aren’t the leader you might have assumed:
Even though I literally “wrote the book” about online communities in 1982 (yes, 1982), I’ve never had a knack for going viral. This was one of those super-rare instances, however. Usually, my tweets get maybe ten or twelve likes. This one got THOUSANDS. I guess my truth-telling sometimes strikes the right chord.
