Here is the most germane recent portion of the chart for each of the ten equities in the S&P 500 that had the strongest June:
June’s S&P 500 Winners
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.
End of Q2, End of H1
The year 2026 has been very simply constructed from a trading perspective: Q1 was fantastic for the bears, whereas Q2 was fantastic for the bulls. The first half of the year – – H1, if you’re one of the cool kids – – has generally sucked out loud for the bears, since we closed at lifetime highs pretty much across the board. Here are some highlights for June, compiled by my tasty friend Tom Preston:
The IPOs That Won’t
This is the third week that SpaceX has traded, and it isn’t doing at all badly. It is exceptionally richly-valued as a company, and although it is 25% lower than its IPO peak, it is still well above the $135 offering price and has launched nicely off the base at $150 it established last week.
They Tried Harder
Remember how Avis Budget Group went up about 700% in just a few weeks earlier this year? To this day, I have NO idea what anyone was thinking. Did it become a meme stock? Was there a rumor everyone would start renting cars every day? It’s insane. I could understand this from a biotech company that cured cancer, but……….rental cars?
People are insane.
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!
