Yeah, I never heard of them either. But they are worth 14/100 of a trillion dollars.
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.
Below are some major stocks announcing earnings either after the close (the first two) or before tomorrow’s open (the rest of them, all of them boring as looking at another family’s vacation pictures). I’d say IBM and UAL are most intriguing.(more…)
Well, my friends, we’ve got some red on the screen this morning, but we’ve all learned by now how meaningless that really is. I mean, one glance at the ES shows not just a steady ascent higher since the throbbing election, but in particular, a bottle-rocket ascent lately which is so perfectly controlled and planned and a straight arrow virtually covers every single pixel. They’re not even trying to hide it anymore.(more…)
Looks like the weekend wipe-out in crypto is affecting assets in general. It’ll be interesting to see if it sticks or not.
Although opinions are diverse here, I think we can collectively agree that the broad stock market (represented below by the Wilshire 2500) is, shall we say, elevated. As in: never been higher. As in: not a bargain. As in: insanely overpriced. Seriously. Nosebleed territory.(more…)