In case you are wondering why Super Micro (SMCI), the hottest stock on the planet about a year ago, is doing this………
Not Super At All
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.
Lifetime Low for DJT
I’m talking about the ticker symbol, not the man. The man is a helluva guy, which apparently some of you knew already. Anyway, in spite of the dozens and dozens of users on the so-called Truth Social, this business just isn’t cutting the mustard.
Crumbling Like Adobe
Human beings around the world are REJOICING that Adobe, a company mostly known for overpriced subscriptions which are virtually impossible to cancel, is getting destroyed. It is down 65% from 2021 during one of the most stupid bull markets in history, so its true value is probably 95% lower than its peak. Its lifetime trendline is broken, and even though I have no position, I am delighted to see this pig get laid waste.
Sunday Futures
Well, we’re off to quite the start just half an hour into the trading week. The small caps /RTY is down nearly 100 points, which is about 4%:
