Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

Slum Your Way Into Riches

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As a younger man, I truly believed that those individuals who didn’t have the drive and intellect to hack it in the world of free enterprise were relegated to low-paying, boring jobs in government. Whether city, state, or federal, I figured the dullest among us would wind up with a direct-deposit paycheck from some bureaucracy and just slum their lives away with a steady diet of paperwork, fast food, and watching tee-vee at night.

How wrong I was! The City of Palo Alto makes clear that it’s ME who is the moron and the clerks in city hall that are banking coin! What a fool I was.

And I know we’re all supposed to get misty-eyed at these “civil servants”, especially police officers and firefighters, who hang out at the station house risk their lives every day on our behalf, but I’m sorry, when a fuckin’ firefighter is getting a third of a million bucks a year, the world’s gone wrong.

June Takes a Bite out of AAPL (by MoneyMiser21)

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Southern California experiences a “May gray, June gloom” weather effect. Up north in Cupertino, America’s favorite smartphone maker experiences a similar phenomenon with its stock price.

In the past ten years, AAPL closed beneath its June options expiration (OpEx) open (Mid-May to Mid-June) six out of ten times.

And when we focus on the past five years’ June OpEx periods, the bears won four out of those five times.

A major reason behind the bearishness is Apple’s annual Worldwide Developers’ Conference (WWDC), which is almost always held in June.

Since 2005, AAPL closed every week red except one (11-1 to the bears), and that was 2014 when the 7-for-1 stock split took place shortly after the WWDC. (more…)