Of all the ridiculous, overheated, fundamentals-defying ascents in stock price, Abercrombie & Fitch (ANF) – – the purveyor of oversexualized clothes for young people – – has got to be one of the most egregious.
Son of a Fitch
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.
The Latest B.R.N.
OK, sound the trumpets. Nvidia has, yet again, crossed another Big Round Number: this time, $900. We can all agree $1,000 will be the next obsession. I took the time to illustrate each of the five most recent “crossings”, and you can see how the pace is quickening.
Terrible Experiences Matter
It’s heartening to see this dreadful airline, which charges you extra just for breathing the fetid cabin air, is heading for the toilet. The name is Spirit Airlines, and the oh-so-ironic ticker symbol is SAVE.
Oscar to Oscar
This weekend, I’ll be attending an Oscars party. Just like last year. The difference is the market has totally changed its attitude.
You see, last year, all holy hell was breaking lose, and in that environment, a chart like the one below (NYCB) would be crashing the entire market.
How about today? No one cares. Because every disaster is “contained“.
What a difference a year makes, huh?
Another Laid Waste
In an ocean filled with companies that should have never, ever gone public in the first place, I present to you Stitch Fix, which is a website that tells you how to dress and lets you buy clothes so you can create some kind of impression for people whom, I assume, you are desperate to please and impress. Pathetic, isn’t it? In any case, I suspect bankruptcy is imminent on this ridiculous piece of cat shit.
