First, kindly bow your heads and join me in a moment of silence for this poor bastard.
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.
Resolution Ripper
It seems that the lifting of election uncertainty was just the tonic that the market needed. As of this post (written on Sunday evening), equities are exploding higher and getting close to lifetime highs. The NQ is up the strongest, well more than 2% and approaching its peak from early September (see horizontal line):
We Are the World
Since September 24th, the Dow Industrials (shown below by way of DIA) has added thousands of points because the economy is totally healed and headed for the greatest year ever due to ceaseless asset inflation by the Fed.
Grim Tim
Call it the Peloton rally, if you like. This one stock neatly sums up what’s been going on since September 24th. Here we have a company that sells stationary bicycles (with a recurring monthly fee) that has gone up 50% in just a few weeks, reaching lifetime highs virtually every day. Their market cap is $35 billion. Of course, they’ve never earned a single penny.
Jack WHO?
Feel like getting your heart broken? It’s easy. Go to Slope’s Woulda Shoulda Coulda page. Punch in the ticker JKHY with a purchase date of 1/1/1990 (thirty years ago) and a purchase amount of a very reasonable $10,000. Not a huge amount. Something most of us surely could have scrapped together. And then weep at the results.
Twenty. Five. Million. Dollars. It puts even Amazon to shame. You say you had $100,000 to invest? Cool. That’s a quarter BILLION bucks.
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