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.
In numerous columns, and years before that, I have been beating one drum. The stock market is forward looking. It attempts to figure out which firms will control the future, Amazon for instance, and which companies have dropped the ball, IBM for instance. There are numerous examples of this dichotomy, but one I have been harping on in numerous columns is the relation between Tesla and the auto industry. It is time for a retrospective.
Checklist For A Successful Electric Car
Back in December of 2019, I wrote, A successful electric car must check four boxes: design (modern tech look), price, range and availability in quantity. Only the Tesla Model 3 (and potentially the forthcoming Model Y) checks all four boxes. The Bolt is boring. The Leaf is ugly. The Polestar is not available in quantity. The i3 is getting long in the tooth and still lacks the range. The Taycan is way too expensive.
The Jaguar and the Audi are large expensive SUVs comparable to Tesla’s Model X. There are other competitors like Fisker, but they produce a few high-priced exotics. Is it any surprise that in the United States the Tesla Model 3 outsells all other electric cars combined?
Electric vehicles continue to be all the rage. Tesla – -which Musk-haters have been trying to knock down for the past dozen years – – just keeps pushing to lifetime highs. I first went ga-ga over the Tesla vehicles here when the stock was at $37. It’s approaching $1100 now.
For some insane reason, people thought airlines would be great stocks to chase. Ummm, why? No one is flying. No one’s going to fly. Travel is going to be dead for years. It’s easy to see that people are stark, raving mad. The new plunge has resumed for airline stocks. Sheesh.
Some of my better-performing short positions in this dreadful environment have been those related to casual dining. By using the Jump to Sector feature in SlopeCharts, I was able to look at a wide variety of symbols, and I’ve shared my nine favorites below (a few of which I’m already short):