The monthly retail sales just came out, and they were much stronger than anticipated.
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.
You Go First…
While it is always tempting to defy strength, it usually goes badly. For instance, Starbucks was a lousy stock, and I bought puts on it, and those puts doubled in value. Costco, however, is a fantastic stock, and it’s insanely overvalued (a p/e of 55 for a seller of giant mayonnaise jars and packs of AAA batteries), but I’ve lost money trying to go against it. I will say, long-term, this price looks like it’s just BEGGING to be shorted, but I’m not touching it. Maybe you should.
SHOP ’til It Drops
I am also the happy owner of September $70 puts, presently up 20% from purchase. Remember, I am acquiring these puts dirt-cheap at these laughably inflated market prices.
Retail Bears
Here are some INCREDIBLY successful stocks which are INCREDIBLY expensive right now which you might want to consider going bearish against: Costco and Casey’s:
Dark Side of the Schwarz
Here are the monster retailers that sell all the stuff that people simply couldn’t live without.
