My big winner this morning is DXC Technology. I’ve gone ahead and covered it for a great profit, although knowing me the damn thing will just keep plunging. Anyhow, it lost a third of its value instantly this morning.(more…)
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.
Remember our old friend Beacon Roofing? I first started talking about this chap when it burst above its uptrend late in 2017. I think there was a lot of chatter about hurricanes, and people seemed to reach the conclusion that everyone would need a new roof. Since this hurricane-fueled mania, this sucker has been grinding lower, and I was delighted to see it plunged 20% this morning. Here is BECN:(more…)
How many times have I mentioned the AXL analog? A dozen? Two dozen? Anyway, this is finally entering slaughter-ville. It also gave me the opportunity for one of the most clever post titles of all time.(more…)
With all the hoo-ha about Beyond Meat and its plunge, I’m pleased to report that I’m short something which is getting hit much, much worse. Indeed, it is the number one failure after hours: McDermott International (MDR), having had a third of its value blown away.(more…)
Two different car companies reported after the close. Ford:(more…)
United Rentals announced their earnings after the close yesterday. This was one of my 63 short positions, and I like what I see:(more…)
(Unrelated, but critical: if you haven’t already, delete your cookies.)
As most of you know, my guys and I pulled an all-nighter so that, at long, long last, we changed our host provider (that is, the servers which provide Slope and all its services). This was actually our third attempt over the past month, and we finally succeeded. Slope is a very, very, VERY complicated site (even to very experienced people), so it truly was like changing jet engines on an airborne flight.
At 4 this morning, when we threw the switch, it seemed things went pretty well. In fact, I thought we were just about done. On a scale of 1 to 10, however, we were actually at about a “2”. Just about everything was broken. But we improved steadily throughout the day. I’d say we’re at about an “9” right now. The broken stuff that remains is pretty much just internal administrative pages and SocialTrade stacks..(more…)