Now that Covid is way back behind us, the cruise operators have enjoyed monster gains. My view is that Carnival (CCL) is done. I mean, good Lord, it’s even down today.
Sink ‘Em!
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.
Utilities, Okay!
I remain quite cautious in this so-called market of ours. One of the few items I fairly well trust is the utilities fund symbol XLU, whose diamond topping pattern is quite well-formed. I am steadfastly ONLY getting January 2024 puts now for any position, even for ETFs, because I want to give myself an insanely long runway.
Goin’ Down on Amazon
As of Friday, I am long January $130 puts on this persistently-overvalued online retailer and cloud-data-purveyor. There was an island reversal gap at 133.69, and the counter-trend push seems to have exhausted on July 3rd.
Trades On Deck (by Xerxes)
Well, the market may or may not turn here, and it may or may not continue onward. All my previous analyses seemed to have broken with the current broad market action. So rather than speculating on which direction the broad market may go, I’ll throw out some individual stock ideas, some long, some short.
Bad Jeans
After earnings, Levi’s is looking kind of faded.
