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.
A Sloper was kind enough to send me the following idea this morning, which I wanted to share:
Walmart is benefitting from 2 major events:
1. The recent significant drop in gasoline prices (50+%) helps the low income segment of the population the most since they spend most of their income on the basics. Less fuel expenses leaves more for other things. Some of this goes to Walmart.
2. The strong dollar lowers the costs to importers and reduces the income of exporters. Walmart is a big importer.
Maker and seller of all-things-leather Coach is doing something interesting with its chart: looking close, you can see it has been trapped in a rather narrow range between about $33 and $37 for many months…..
I’ve always had a fondness for shorting Abercrombie & Fitch. They just strike me as a purveyor of overpriced, overly-hippified, totally ghey clothes to brainwashed young people. Don’t shoot. Let ’em burn.
