This white-hot IPO is now down 40% from its introduction just days ago. If SPCX looks anything like this during its first month, it’ll send a chill down the chill of equity markets worldwide. Two weeks to go!
Your Cerebras Update
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.
Suddenly Susan
We all know the admonition to not catch a falling knife. I’m not sure what the converse of that is for bears, but whatever it is, I did it, because I shorted the most powerful stock in the market this morning: Dell.
I knew it was risky, because the entire planet was just asses and elbows trying to buy this thing, but it’s worked out nicely so far.
Fast Friday
If you want a sense as to the overnight action, look no farther than the /RTY, which resembles a corpse since the close yesterday. Equity futures are overall either up a little or down a little, averaging out to essentially unchanged as we continue to levitate at record highs.
Foreign Flows
Dire Wolf
Just a cute picture for your evening viewing: my little girl is growing up:
