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.

The Heat is On!

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We are pleased to announce another feature on Slope, the Heatmap page.

It provides you a colorful presentation of all components of the S&P 100 with three sort choices: by symbol, by percentage change (highest to lowest) or, alternately, lowest to highest.

Besides all that, you can click on any symbol’s rectangle and invoke a Super Summary page with that symbol’s chart and key information.

Enjoy!

Self-Inflicted Wound

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Well, that was stupid.

I’ve got a bias against Carvana. The company was founded by a convicted felon (well, he had to have his son do it, but that’s another story) and it just reeks to high heaven. Yet inexplicably it has gone up massively. Based on little more than spite, I shorted this thing a few days ago.

Last night, they came out with earnings, and my eyes bugged out when I saw they were roaring 10% higher. How can they keep getting away with this? I couldn’t stomach it, so I covered 75% of my position at a nasty loss.

You don’t need to be told what happened this morning………..

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After the Wave

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I’m afraid things are about to get really boring again. Yes, we have AAPL earnings tonight, but c’mon, that stock is about as exciting as a passbook savings account. Almost all the really cool earnings are behind us, and it’s going to be dull until NVDA deigns to report a month from now.

This morning, the GDP came out, and our “hottest” country offered up a growth rate well below inflation. In other words, our currency is falling in value much faster than our economy is growing, so yay us.

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