In case you are wondering why Super Micro (SMCI), the hottest stock on the planet about a year ago, is doing this………

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.
In case you are wondering why Super Micro (SMCI), the hottest stock on the planet about a year ago, is doing this………

Over the three weeks that this war has been going on, there has been one consistent event: the President’s persistent pledges that this whole thing was going to be over Real Soon Now or that, indeed, it was already over. In point of fact, Trump expressed outrage that Iran was still shooting at ships in the Strait since it wasn’t “fair” that they do that since the war was already won (in “the first hour“, by his own account).
To anyone and everyone buying stocks based on these pledges of the conflict’s imminent completion, please meditate for a moment on this item I remember so well from March 2020:


As I wrote this morning before the opening bell, I went to bed terribly nervous on Wednesday night. I woke up to red quotes, however, so Thursday looked like it was going to be an absolute blast, but in the end, I wound up with simply a modest profit instead of a wheelbarrow of cash. In the midst of all the chaos, I had another anxiety source, which was this sucker:

