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.

Stupefy

By -

As if being a bear in a totally fake market wasn’t hard enough, yesterday some reprehensible douche nozzle named Bradley Sills from Bank of America announced that the stock Shopify (SHOP) was just a peachy-keen “buy” and, gosh darn it, you should exchange cash for shares. The stock ripped higher, causing me to just about puke, since I had some very profitable puts on it. I dumped them at a small profit and then, of course, this morning, the ENTIRE lift has been destroyed, because, let’s face it, Shopify is probably only worth $zero per share.

(more…)

The Grey

By -

I have been running a nonstop dinner party for almost 20 years, and I can never shake the idea that i have to entertain my guests. This is one of those very rare times when I honestly have nothing to say, and if I could bring myself to do it, I’d just say buh-bye until something happened next week. This market is as boring as hell. Honestly. I can usually write something or another to fill this space, but my God, this market has entered into some kind of dull equilibrium with NO volatility and NO atmospheric changes. Ever.

(more…)