One of my most successful short sale positions recently is Five Below Inc (FIVE). My only task is to tighten up the stop-loss order each day.
Five is a Ten
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.
Porter Picks
As a follow-up to my very brief review of the End of America book, here are the specific ticker symbols mentioned therein for a long-term bullish portfolio.
Bob and Weave
Coreweave (CRWV) is at the center of the whole hyperscaling build-out, and as such, it has the potential to completely burn to the ground. I’d be tempted to short this based on its rounded top, but there’s a reason I’m not touching it: because all three instances of such a pattern led to either nothing more than brief downturn or, for the largest one, absolutely nothing.
My reluctance to take a position probably guarantees this thing will finally enter the collapse it so richly deserves.
Just Die Already
It’s been an odd morning. I came into the day totally short (obviously) and the market was raging higher. I was down, but not by much. Then my portfolio started strengthening steadfastly, even with the market continuing to thrust higher, and once the /ES fell out of bed, my portfolio absolutely skyrocketed in value.
We’ve erased almost the entire drop as of this moment (and the goddamned /ES and /NQ are both up over half a percent again) but this behavior of my own portfolio is that it is able to defy even the harebrained buying going on right now. Still, it would be nice if a plunge would actually not get undone!
A Million Little Peaces
The pattern is now obvious and irrefutable: an hour after the market closes on Friday, war breaks out again, and all weekend the bears get excited about what an awesome week is coming up. Then, just before the futures open on Sunday, they Ctrl-Z the entire situation.
Indeed, early on Sunday, this tweet came out:
