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.
I have developed a healthy distrust of U.S. ETFs for the moment and have cast my lot with emerging markets instead. I already had a substantial short position in EFA and, in a different account, have opened up an equally large short position in EEM. The red dashed lines illustrate my stop loss levels.
My piloting of the U.S.S. Defiant continues. As with yesterday, even in the face of empty-headed buying by every person on Earth, my short positions made the most splendid obscene gesture and generated profits all the live long day.
Countless barrels of digital ink have been spilled pondering what kinds of changes AI will bring to the world of work and the corporate landscape. Here on Slope, we are witness to stocks that, for reasons that are not entirely clear, have crumbled with such force that one wonders if they’ll even be around in five years.
Here’s one specific example, brought to you by way of this announcement from the Perplexity AI platform:
Good morning and Happy Friday, everyone. It’s been quite a week!
Yesterday marked the 7th day in a row for tech stocks to blast higher, undoing almost all the damage from the Iran War (or whatever they’re going to wind up calling it). The Dow Industrials, for its part, has added literally over three thousand points to itself in a matter of days.
Let us cast our eyes yet again upon a monster that got away – Axon Enterprises (AXON) – which I wrote up as a short idea multiple times. It justs……..keeps……….crumbling!
