Didn’t Feel a THING
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.
T-Day
There are hundreds of companies left to report earnings, but for the most part, today is where it all ends. The “Big Four” of tech all report after the close. They are (including links to their Slope Super Summary page):
- Apple, market cap over $1.6 trillion;
- Amazon, market cap over $1.5 trillion;
- Facebook, market cap 666 billion (of course);
- Google AKA Alphabet, 1 trillion
Since I’m so obsessed with gold, here’s a fun fact: the four companies above, none of which existed 45 years ago, are collectively worth about $10 trillion. The entire gold in the world, including unmined reserves, is only worth about twice that much. In addition, that entirety of known gold, if formed into a cube, would only be 21 meters on each side. Pretty amazing, no?
In any case, here are the charts of the Big Four:
(more…)Pharma Dharma
Yesterday, the New York Times business section had an interesting story about how bio-pharm executives were dumping hundreds of millions of dollars of stock thanks to some well-worded press releases about Covid and “project Warp Speed” (eye roll). I decided to thumb through the SlopeCharts sector germane to this topic and pluck out nine charts I found interesting. Nothing fancy just…………interesting. Here they are.
Free-Falling
Electric Avenue
It’s one of those days the market just can’t make up its mind. On the one hand is the truth that we’re in the midst of an economic cataclysm from which we’ll never recover. On the other hand is the venal, vapid Fed pushing trillions of dollars of fiat cash down our throats. So we’re going nowhere for the moment.
Tesla got shaken up yesterday after my post. Let’s take a fresh look at three electric car makers and notice how many lights years they are away from their lower Bollinger Bands.
