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.
A quick update:
The lows for the week are being valiantly defended. This could be the major bounce zone. I’m out of my big SPY short. If this level fails, well………
Where’s the worst damage from Covid-19? Anything to do with togetherness, gatherings, and socializing. Just look at the crashes around you. Movie theaters. Amusement parks. Restaurants. And, God knows, cruise ships. Hell, they could find a cure today for Covid, and cruise ships are going to have a stigma attached to themselves for years to come.
So what’s doing well? Hardly anything, with one exception: the companies that cater to solitude, remoteness, and division. It’s a great time to be anti-social. The funny thing is that I was suggesting these as longs WAY before any of this nasty stuff happened. Observe:
(more…)In all the mayhem, and all the thousands of points lost, there is one stock which has been freakishly, eerily, strangely rock solid. Netflix! I’m not asking why. I’m simply reporting it, with more than a touch of amazement.
Let’s take a break from my “weren’t my ideas great?” and “why didn’t I cover later?” posts and look at something bullish: Zoom Video Communications. Let’s face it. If ANYTHING can perform this well throughout the mayhem of the past couple of weeks, they must be something special.
