I was intrigued when I noticed these fake profits in my fake trading account this morning:
So it looks like my bearishness on American Airlines is working out. Let’s see the chart:
(more…)Steerage
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.
Land, Ho!
Soxual Relations
One of the most important, and I think least-discussed, changes in the market recently is the breakdown of the important semiconductor index ($SOX). Take note how it has broken under its supporting trendline (anchored to the bottom a year ago) and has completed a clean reversal top.
Unplugged
Tesla fell from $900 to $540 (a full 40%) from January 5 to March 5. That’s quite a drop! Recently it has bounced as high as $717, but I think that’s about all it’s going to get. My view is that the electric car craze is going to calm down for a while.
Eat Out
Here are a trio of not-so-fine dining establishments that I think will be substantially lower in the weeks ahead.
