Let’s all admit it. Xerxes knocked it out of the park with his Tesla short.
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.
My Vision Was Clear
In case you’re ever curious about what a “premium post” is (for those of you who have not signed up for premium membership), I’ve taken this premium post from November 2021 and opened it up for public viewing. I suggest you give it a close read, since I wrote it at almost precisely the market top (for tech stocks) and about seven weeks before the S&P 500 market top.
My conclusion from the post was:
What these simple combinations seem to clearly suggest for the year 2022 is that stocks could be in serious trouble, and with an extremely important mid-term election happening in early November 2022, such a descent in asset values could make a particularly acrimonious political landscape.
Anyway, please give the post a read. I think you’ll see my dim view of stock values, particularly in the tech sector (which has been utterly destroyed since I wrote it) was pretty much spot-on.
Arigato Gozaimasu!
Well, the good people at Japan’s Central Bank are going to allow interest rates to rise, which is something no one expected. I didn’t realize any kind of news was coming out tonight until my screens started going haywire late in the evening. The US dollar is getting bombed, Pearl Harbor style……
Pyrrhic Victory for the Bulls
Complete Reversal
The scum-sucking criminal bulls (<—-I toned this way down) thought they were going to take over the world this morning. It’s too early for a victory lap, but let’s just say I’m fully unzipped at this point.
