Another long-term short that got away from me was Cleveland Cliffs (CLF). I featured its chart many times, and the prophecy certainly came true.
Cliff Diving
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.
Down Syndrome
The widely anticipated PCE came out, and, in spite of being concocted by the very government which is dependent on the number being low, it actually came in hot. Indeed, over the past four months, I think I’m sensing a bit of a trend.
| December 2024 | +.1% |
| January 2025 | +.2% |
| February 2025 | +.3% |
| March 2025 | +.4% |
I guess the “I Will Fix Inflation on Day One” pledge has gone the way of all the other Day One pledges, eh? One thing is for sure: they will simply call this The Biden Inflation and be done with it.
(more…)Mason Reese’s Pieces
I’m amazed this week is almost over. It’s been quite an intense week, particularly psychologically, as I stood alone as the last bear in the solar system as of Tuesday, in spite of plenty of doubters and dissenters hither and thither.
Just the past couple of days have been exceptionally positive for my portfolio, but the real potential is Friday, which could be either glorious or dreadful. The magic moment happened on Wednesday, and, God willing, that will mark the end of Wave Two so we start to have some real fun.
Five Overnight Winners
Yesterday, in the midst of the insane “stocks sure are cheap” rally, I dared to offer five ideas that probably seemed fairly lunatic at the time.
- Netflix Now or Never – NFLX
- Popular Quantum Mechanics – IONQ
- Poke ‘Em with a Stick – APP, RCL, RDDT
Only a few trading hours have passed, but let’s check in on these ideas, shall we?
(more…)Watch Your Flip-Flops
This is definitely a market I like. Almost every single bearish position I’ve got is gaining value today, and my one and only long – – silver – – is up almost 2.5%. Nicest of all, our bullish friends keep applying shock paddles to the market’s chest, and it hasn’t yielded dick.
