I was flipping through my latest issue of Technical Analysis magazine (yeah, I know…….) and saw an article about video game and eSports ETFs. I had never heard of this, but just FYI, here ya go……..
Fun & Games
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.
Mid-Flight Turbulence
If you want to know if a second wave is coming, and how bad it is, don’t bother listening to the news. Just watch financial instruments which depend on social aggregation. Restaurants, amusement parks, cruise ships, shopping malls – – that kind of thing. And, since I just took my first plane flight in over half a year, something on my mind……………airlines:
Sweep Up the Popcorn
Since you are reading this, I assume you are equipped with a set of working eyeballs. I have them too. And when I use them, all I see are closed businesses, For Lease signs, and – – in spite of the multi-trillion dollar politically-driven prop-up – – apocalypse on the horizon. The moment November 3 is behind us, all this “help” is going to disappear.
Early in September, I did a post about the grim state of movie theatres, in which I stated, “Every time I see a multiplex and its utterly empty parking lot, I marvel at the fact that cinema companies have rebounded so much. Zero revenue, to my mind, isn’t a great business model.“. In the short time since then, the first stock I showed, AMC, has lost more than half its value, and the company is contemplating bankruptcy.
The Credits Roll
As a follow-up to my sector-focused review about theatres from a month ago, there’s no doubt about it – – it isn’t looking good:
Up, Up, and Away
The week closed out with another gargantuan, multi-billion $ cash-fest for any airline that wanted it. Not surprisingly, the prior countless billions were pledged in exchange for airlines not laying off people through October 1st. On October 2nd, the airlines held up a gun to D.C.’s temple and said they’d pull the trigger if they didn’t get another monster bailout.
