One stock which has been a MEAT GRINDER for the bears has been Micron.
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.
Reality Check
Get Off the Pot!
No, that’s not a quote from me banging on the door asking to use the bathroom. It’s simply my attitude toward the market, which seems to be struggling with its willingness to plunge itself into oblivion. Not that this has been a bad week. Far from it. Still, it would be nice to simply see this thing go full-blown Imodium A-D.
Dripping Wet
In the spring of 1987, when I was a wet-behind-the-ears intern at Apple, I distinctly remember my boss complaining to a colleague. Apple had just announced their earnings, and both sales and profits were way above expectations. The stock, to their astonishment, went down instead of up. “What else do they want from us?” he asked rhetorically. Apple had been an absolute darling of Wall Street for the past few years, moving up hundreds of percent, and to them it just didn’t seem……………fair.
So, too, with Nvidia, which just announced their quarterly results and whose data simply blew everyone’s socks off. Revenue beat. Profits beat. Forward-looking projections were increased. It was just sunshine and unicorn farts as far as anyone could see or smell.
Nowhere Man
Oh. My. Lord. This market is sooooooo boring right now. This isn’t just a grumpy opinion. Check out the net result of an entire WEEK of market activity on the /ES:
