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.

Breaking the Curse

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I’ll admit it. Being here in Durham, NC on the eve of the CPI gives me the willies. It was in this very room on October 13th that I witnessed the jaw-dropping reversal which took place and, as can can clearly see now, kicked off a four-month puke-fest of bullishness without nary a downtick in sight. It’s unnerving.

In spite of that, as I laid out this weekend, I’m just about fully loaded up on bearish positions, although, as always, I’ve got an ungodly amount of time on these options before expiration. In a way, tomorrow morning shouldn’t matter that much, but such traumas are hard to shake.

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Judge Me in One Month

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Go ahead. Mark your calendars. Bookmark this page. I’m prepared to be judged by the group’s one-month-older selves. Because this week was unhinged and, in retrospect, will be seen as idiotic. Let us take two specific stocks.

The first is Buzzfeed. This was one of the many SPAC Wrecks of last year, losing about 98% of its value. It was a garbage stock. A wreck. A low-volume pile of trash. And deservedly so.

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