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.
On December 30th of last year, I did a bearish post (of course) about Intuitive Surgical (ISRG). I didn’t exactly nail the top to the day, but it wasn’t bad, considering what has happened since then. The tinted area marks where I did the post.
Last year, I wrote a post called It’s Curtains which projected grim prospects for movie theatres. I offered five charts, all five of which now have gone down anywhere from about 25% to 90%. Below are percentage charts which begin on the day of the post.
In case you’re ever curious about what a “premium post” is (for those of you who have not signed up for premium membership), I’ve taken this premium post from November 2021 and opened it up for public viewing. I suggest you give it a close read, since I wrote it at almost precisely the market top (for tech stocks) and about seven weeks before the S&P 500 market top.
My conclusion from the post was:
What these simple combinations seem to clearly suggest for the year 2022 is that stocks could be in serious trouble, and with an extremely important mid-term election happening in early November 2022, such a descent in asset values could make a particularly acrimonious political landscape.
Anyway, please give the post a read. I think you’ll see my dim view of stock values, particularly in the tech sector (which has been utterly destroyed since I wrote it) was pretty much spot-on.
