I’ve mentioned this one as a short dozens of times here and on tastytrade; I’d say there’s plenty lower prices to come.
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.
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……..
I wanted to share something I found kind of fascinating.
Last night, I was thumbing through the videos I’ve posted on YouTube (there are hundreds). I sorted by popularity The most popular by far, with over 9 million views is – – of all things – – the Oompa Loompa song. However, one of my most popular chart-based videos I’ve ever done is this one, which was during the deepest depths of the market drop in 2011 (the last meaningful drop we’ve had in seven years). It’s incredible on a number of levels.
My best percentage gainer today is Whirlpool, which I mentioned here as a short recently. It’s down over 7%.
I’ve been kind of hung up on the price gap in oil at 73.25. Yesterday, as we had pushed close enough to that number for me to be satisfied, I did a post called “Close Enough“, where I specifically pointed to XOP and wrote “I suspect this one is going to suffer the quickest.” Here is XOP now, with an arrow marking the timestamp of yesterday’s post.