This is quite stunning: the two largest banks, by a very large margin, are in China!
Global Monster 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.
Lessons from the Greatest
One of everyone’s favorite Slopers, Buccaneer, was kind enough to bring this video to my attention. Paul Tudor Jones has been an inspiration to traders for decades, ever since he burst on the scene in the mid 1980s with the PBS documentary The Trader. Here is a modern PTJ with many tremendous lessons about both life and money:
Ten Favorite Shorts
The title says it all: I’ve got 36 short positions right now, and below are my ten favorites.
Protest Car Failure
Just one final post on Lucid Motors (LCID) before it fades into oblivion. This company, as I’ve mentioned, was targeted to people who wanted to own a Tesla but didn’t want to give Elon Musk a single dime. That was seriously the pitch. You can see how well it has worked out, with a 99% drop in price.
Deja Vu All Over Again
In my post at the start of last week I was looking at the escalating economic shock that is the closure of the Strait of Hormuz, but also noting that the lack of patterns on equity indices from the late March lows were nonetheless looking higher.
US equity indices haven’t gone up a lot since then, with the exception of an impressive performance on QQQ, but I’m still thinking that SPX and QQQ in particular may go higher still and have some trendline targets to put forward in the event that turns out to be the case.
First though I’d like to look quickly at the current status of the Iran War and then take you on a walk down memory lane looking at the weeks before the last really big crisis in equities, which was of course the early weeks of the pandemic in 2020.
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