This tweet might be the best tweet I’ve ever read (and I’ve read thousands of them). It is absolutely fascinating, and it really puts together the pieces of the Elon jigsaw puzzle in a way which is clear, shocking, and ingenious.
A Must-Read Tweet
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.
Raging and Listless
Greetings from rainy North Carolina. I’ll probably only say it a few hundred more times but expect much less Tim than you are accustomed to having until Monday morning. I’m exceptionally occupied, but I’ll try my best to do a post or three each day here on good old Slope.
Pre-market, the equity futures are all green (of course) but only by modest amounts. The /YM, shown here, has just been ambling along listlessly, digesting the eye-watering valuations the market has attained.
The World in One Chart
Don’t Change That Channel!
Interesting to note that the semiconductor ETF, symbol SMH, is coming right up to the upper trendline of its more than year-long channel. Just sayin’.
Just Like That
These days, it’s heartening to see any stock behave exactly how it’s supposed to behave with classic technical analysis.
I was reminded of this because of Klaviyo (KVYO) which lost about 33% of its value today. Amazingly, it’s an AI stock, but more importantly, it treated its right triangle top precisely as it should have: a retracement, then a plunge!
