Why, oh why, can’t America mimic China for a change? Good God, I’m jealous!
Chinese Bear Still Raging
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.
Shorting the Fantasy
I have bought June $39 puts on DraftKings (DKNG) the sports fantasy betting side (with a p/e of N/A, since they have never earned a penny). The head and shoulders top may or may not still be relevant (pink), but, interestingly, prices have soared all the way up to precisely the neckline before weakening.
Pfizer Wipeout Continues
From the good people who brought you Viagra and the Covid-Jab, we see PFE continues to get blown to smithereens, now down about 60%, and in an environment in which the government has poured trillions into keeping stocks propped higher. In an actual organic market, this would be a penny stock by now.
The Bee’s Knees
I must continue to express my enthusiasm for Next Era Energy (NEE) whose topping pattern is huge and well-formed.
