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.
The majority of the pop from yesterday’s completely-made-up story by Trump that they were having “strong talks” (seriously, is English this guy’s second language?) with Iran have already disappeared. The fact that 100% of the pop isn’t gone is just ridiculous, but also a testament that there’s always some chunk of people so brain-dead they’ll actually believe the beast.
Still, it’s heartening to see the lie has been largely unwound.
In case you are wondering why Super Micro (SMCI), the hottest stock on the planet about a year ago, is doing this………
I’m talking about the ticker symbol, not the man. The man is a helluva guy, which apparently some of you knew already. Anyway, in spite of the dozens and dozens of users on the so-called Truth Social, this business just isn’t cutting the mustard.
Human beings around the world are REJOICING that Adobe, a company mostly known for overpriced subscriptions which are virtually impossible to cancel, is getting destroyed. It is down 65% from 2021 during one of the most stupid bull markets in history, so its true value is probably 95% lower than its peak. Its lifetime trendline is broken, and even though I have no position, I am delighted to see this pig get laid waste.
Well, we’re off to quite the start just half an hour into the trading week. The small caps /RTY is down nearly 100 points, which is about 4%:
