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.
Storied retailer Macy’s, which has been public for decades, is apparently going to get taken over at a steep premium. This chips away at the remaining inventory of stocks which even exist. Indeed, the number of public companies out there is about one-third what it was when I started trading. Being public has simply become not-that-great in recent years.
Just as television was supposed to destroy movie theatres, online shopping was supposed to destroy actual physical shopping. It doesn’t look at that way. Yes, online shopping has become huge, but it seems to be really leveling out at around 15% or so, which I find surprising.
I have never been inside any “dollar store” of any kind (Dollar General, Dollar Tree, Family Dollar) but I’m intrigued by the sector. Below is a beautiful right triangle topping pattern on Dollar Tree (DLTR), which compelled me to buy May 17th $130 puts on the sucker.
