Welp, there you have it. A tidy example of how fantasy beats reality. The easiest trade deal that we could have possibly executed is done, and even THAT is a nothing-burger.
King of the Britons!
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.
Scott Resent
Regarding my timid and impulsive covering on my QQQ position last night in the face of Scott Bessent’s latest mewings about how things were going to work out just scrumptiously with China, now that he’s going to rush off to Switzerland to talk to them, I only have this to ask you:
……Gone Tomorrow
Palantir is down about 20% from yesterday afternoon’s brief post-earning spike. Even Karp’s ridiculous mane couldn’t save it this time.
Ferocious Smoke
Well, Palantir earnings are out, and while the company bragged of “ferocious growth” and pledged to become “the most important software company in the world“, the shares – – which briefly jizzed their way up to about $130 – – are currently plunging.
Hair Today…….
The big earnings event this afternoon is Palantir, which has blasted many hundreds of percent higher over the past couple of years, largely driven by the fact that its financial backer, Peter Thiel, is a close advisor to the President.
