One of the biggest also-rans in the Silicon Valley, with a staggering fall from grace since the year 2000, is Intel (INTC). This new interview does a marvelous job explaining how they lost their way (the short answer: an addiction to stock buybacks which led them to, for example, fail to buy Nvidia for next to nothing years ago).
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.
Swiss Don’t Miss
This is a remarkable table. You can see how much the gazillionaires like Zuck and Elon skew things in the U.S., since the average adult wealth is almost two-thirds of a million dollars, while the median adult wealth is only one-eighth of a million dollars.
Quiet Zone Ahead
If you’re the kind of person who gets into tons of earnings reports and mountains of economic data to stir things up, you’re in for some disappointment. There is precious little on the horizon, and even the one data point (PCE) that is a little bit interesting has been rendered kind of pointless since Powell has already caved to Trump and has all but promised a rate cut. Shhhh!
The Struggle!
How About Now, Dow?
I am bearish the Dow by way of October 17 $450 puts on DIA. Here’s a profile of how the individual components have been doing:
