I confess, I’m excited about this IPO, since the Knight family has meaningful participation, but I also think it’s going to be a high-water mark for equity markets after it’s through.
Elon the Trillionaire
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.
Future Targets
Another. Two. Weeks.
As a person who has nothing but short positions right now, allow me to start with my list of “Hey, it could be a LOT worse” bullet points by reviewing the five personal portfolios I manage:
- Portfolio #1 is entirely cash and will not suffer one penny of harm
- Portfolio #2 is entirely cash and will not suffer one penny of harm
- Portfolio #3 is 85% committed to shorts but at least has two positions, DOW and XME, which are getting zapped after hours so will help lighten the blow
- Portfolio #4 is incredibly light with only a 48% commitment level
- Portfolio #5, the options, is even lighter with just at 39% commitment
Make no mistake, tomorrow morning is going to suck for me, but the level of suckitude – – especially considering I got out of my SQQQ long (at a profit!!) and Bitcoin shorts – – is a FRACTION of what might have been. Let’s just say, I’ve survived far worse!!
(more…)Let’s All Close Our Eyes
What the Shell?
Getting realllllllllll tired of this, friends. ALL GREEN CLOSE!
