I suggested Anheuser Busch weeks ago as a short, and it’s been terrific. I suspect much lower prices are coming. I’ve never had such much as a sip of this swill in my life, but I suspect its forthcoming fall is well-earned.
Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
I have been living and breathing Slope all through the holiday weekend, implementing the new multi-level membership system, and I stumbled upon a SocialTrader I had sort of forgotten about named Heccis – – what I remember so distinctly about this fellow is that back in early 2009 he sent me projections he had made about what the stock market was going to do, and it basically had predicted the financial crisis but then went on to show equity markets were going to soar. Idiot permabear that I am, I rolled my eyes at this and dismissed it.
Suffice it to say his prediction was true (which called for absolutely outlandish prices – – in other words, pretty much what happened). Early this year, however, he made some new posts, and let’s just say I was more receptive to them this time.
A Sloper asked me a few days ago if it bothered me to have to wake up so early (I got up at 4:45 this morning). After all, the markets open at 6:30 a.m. My response was basically – – are you kidding me? I love my time zone! I get to be totally by myself for a few hours – just me and my dogs – and then my official work day is done at 1 in the afternoon!
So, greetings from pitch-dark Palo Alto where I’ll toss off a quick post about this honey, which I’ve mentioned countless times here, particularly recently: (more…)
Since the price of energy has been going higher and higher, there are certain industries whose profit margins have been shrinking due to their reliance on fuel in their business. One company obviously in this category is American Airlines, which I’ve mentioned here many times (as well as on my tastytrade segment). The breakdown continues……..