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.
I’ve been getting stopped out left, right, and sideways. My entire exposure stands at 21 positions now and I am adding NOTHING. My commitment level is a mere 78%, and I view even that with reluctance and doubt. It’s the same culprits keeping the market aloft: microchips and rocket ships:
Well, I’m far away from my massive desk filled with huge screens and am now instead in the center seat seven miles above the Earth. I prefer my desk. I also prefer the market not making record highs every single day, but I’m powerless there as well. The Dow got well above 50,000 on an intraday basis, but at day’s end, it couldn’t quite cut the proverbial mustard.
“Semiconductor strength powers indexes to lifetime highs.” I just banged out that headline out of the blue, but you could copy and paste it onto almost any day in 2026 and be done with the task. The market has gone from giddy to full-blown berserk, as the likes of AMD vault higher every day (and night).
Of all the charts flickering this morning, the one that has me the most concerned is Bitcoin.
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………..
