My biggest short position, XHB, is behaving itself beautifully.
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.
Tesla on the Ledge
From late April until mid-December, Tesla (TSLA) was an incredible stock. It went from being the 500th performer in the S&P 500 to one of the hottest of the year, gaining hundreds of percent. Over the past seven weeks, or so, it’s lost about 25% of its value (!!!!!!!!) with this week contributing a good chunk of those losses, even while the rest of the market rallies.
Her Name Was Geo
Perhaps my most successful completely wild guess has been with the Geo Group, the private prison maker which investors embraced the moment Trump won, since they figured he’d dump billions of dollars of sweet government revenue onto private prison owners since, well, these people who pick strawberries aren’t going to detain themselves, ya know. I bought puts immediately following the inauguration, and it’s been smooth sailing ever since.
Dropping More than Packages
Tip o’ the paw to TNRevolution, who has been steadfast in his bearishness against United Parcel Service (UPS).
So, What About EFA?
On the heels of the all-too-rare selloff on Monday, the bulls have been roaring ahead nonstop. This has also affected my favorite short, EFA, which is the ETF for worldwide equities sans North America.
