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.
I’ve mentioned it before already, but SPCE (Virgin Galactic) keeps blowing higher, now up about 200% in just a few days based on the supposition that dummies will enter trades for SPCE instead of SPCX when SpaceX comes public. How is that for a fundamental basis for investing?
I’ll level with you: when I created the empty posts for ETFs, one for bullish and one for bearish, I figured I’d be drowning in bullish charts and might not find any bearish ones.
I have the opposite problem. Crazy as it sounds, practically every ETF is bearish (or at least neutral) whereas I was hard-pressed to find anything even remotely bullish. Indeed, there’s one and only one index ETF which I could, with a straight face, say it kinda-sort bullish if you squint your eyes just right.
I’ll say this right from the get-go: the SpaceX IPO should be exceptional for the Knight family. Through a quite queer and peculiar set of circumstances, that’s just the way it is. So, I’m excited about IPO day, which is slated for June 12th under the ticker SPCX. I’ll be watching every update.
Having said that, I believe the rollout of SpaceX and Anthropic will be crucial to the ending of this ridiculous Everything Bubble. That’s also just the way it is. More than that, I’m looking forward to this entire stupid house of cards collapsing into a heap of smoldering embers more than you can possibly imagine.
