It has been heartening this week to see the two “dollar” style stores that I’ve been suggesting as short-sale ideas finally met their comeuppance (or at least the start of it). These patterns were beauties: Dollar General and Dollar Tree.
(more…)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.
Eddy Grant’s Revenge
Sorry to keep doing victory laps on this, but my Tesla short call is the gift that keeps on giving. Every single thing about this chart screamed “death”, and I think it’s got way, way, WAY farther to fall. So……yer welcome.
(more…)Money Growing on Trees
I’ve mentioned Dollar Tree as a short idea a number of times, including in a premium post two weeks ago. It’s finally getting zapped, down about $20 per share right now, based on its earnings report. Huzzah!
(more…)Eat and Run
I bought SMH puts Thursday. I closed them today for a 28% profit. In more sane times, I would have held on to these for many more weeks (they had 49 days left on them) but these are not normal times. These are picking-up-pennies-in-front-of-the-steamroller times.
(more…)Tesla Tumbles
My post from just yesterday seems to have been prescient. The stock is down about 22% in a matter of just a few weeks. Remember, they report earnings next week!