……for the bears, I mean!
Principally, it is that many mega-assets are so battered. Take, for instance, the likes of IBM:
Reasons for Dread
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.
That Thick Red Line
As grinding as recent weeks have been, we at least can see a very plain line has been drawn along the median between the sellers and buyers. The new about the tariffs being zapped was supposed to be a mega-bullish event, but with the /ES up 0.73% and the /RTY up 0.04%, it isn’t exactly one for the history books. I suspect next week is going to be chiefly about one thing: NVDA’s earnings on Wednesday. In the meanwhile, the line in the sand have been plainly drawn for next week.
Collectivism & Cruelty
Let’s tackle a big subject today, which is how to live our lives thoughtfully. I’ve been giving this some thought and would like to share them with you on this Presidents’ Day. Forgive its length, but, c’mon, the market is closed, so what else are you gonna do?
Continuing Resolution
My short-sale ideas over the past year have been extraordinary. What isn’t so extraordinary is my ability to stick with them! Here are just five examples of short-sale ideas which paid off GREAT for me, I covered at nice profits……..and they just……..keep…………FALLING. I’ve said it before, and I’ll say it a hundred times more: I’m a brilliant chartist but overly-scared to be a great trader. Shame on me! I’m confident all five of these will keep getting blown to smithereens.
Bigger and Rounder
The human predilection for big round numbers is unceasing. On Friday, when the Dow crossed 50,000 (see all those big round numbers??) for the first time ever, the cult distributed this:
