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.
Kicked in the DX
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.
The Roof Blows Off
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:
AXL Rose……Until Now
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.
MDR Murdered
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.
