Five-star Sloper LZ emailed me this morning with the chart of General Electric Aerospace (GE), suggesting what an appealing short it would be. I agreed with him, noting that I had actually bought puts on it a couple weeks back and dumped them at a small loss. As federal law requires, those puts are more richly-priced now, so I decided to give the chart another peek.
(more…)Taking on Water
It’s about damned time: Royal Carribean is sinking this morning (ticker RCL). This bugger has been very frustrating, but it’s nice to see it start to reverse hard away from its lifetime peak, achieved just two days ago.
(more…)Cover Me
I’d like to award myself the world’s most overdue pool cover replacement award.
(more…)Why OpenAI Will Fail
I’d like to start with a comment I read; I’ve boldfaced the most germane bits……….
(more…)There Goes Cipher!
The first stock I mentioned in my Long Ideas post yesterday, Cipher Mining, is up double digits today and has escaped its consolidation pattern to the upside.