My Gas Ready to Rock post of January 7th certainly has been a screaming success; the arrow marks the time of the post.
Gaseous Anomaly
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.
New Fund=Time To Sell?
A Sell Signal For An Asset Class?
In the video below, I note that Bitcoin has dropped by more than a third since the ProShares Bitcoin Strategy ETF (BITO) launched, and discuss a couple of other examples of similar phenomena that came to mind. The first was when Alliance Capital (as it was known at the time) launched its healthcare fund in the late ’90s. At the time, Pfizer (PFE) was one of its top holdings, and an archetypical one at that. It was selling two of the biggest drugs on the market: Warner-Lambert’s Lipitor (starting in 1996) and its own Viagra (starting in 1998). And yet Pfizer’s share price hit a high water mark a few years later that it didn’t regain until last year with its BioNTech (BNTX) COVID vaccine.
(more…)Bitcoin Hedges Come In Handy
Way Paid
Back on December 6th, precisely a month ago, I did a post called No Way? Way! which suggested shorting Wayfair (symbol W). Well, $60 in a month’s time isn’t bad! The arrow marks the post:
Tesla: Who Saw This Coming?
Tesla sedans getting recharged in a local Wawa convenience store parking lot (photo by author).
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