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 past few decades have been merciless to bears, but happily, one of the few surviving analysts out there who actually isn’t a shameless shill for Wall Street is Hindenburg Research, which just came out with a damning report on Roblox. (TLDR: Pedophilia City). The stock is getting torched.
It was bad enough that Masayoshi Son was a participant in the recent mega-funding round for OpenAI, but it gets much, much worse for Sam Altman with this news:
Stealing the march? What?
I’ve read Elliott Wave International for many, many years, and I tend to know their “tells”. When they are feeling self-assured, they will boldly state that the market is going to go such-and-such a direction (invariably down, and massively so). After the hellish 24 months that the bears have endured, the boldness has vanished. Instead, they are using a word that normally they almost never use, which is “options”. I don’t know puts and calls. I’m talking about…………..
That is to say, a declaration that the market could go up OR down which is a conclusion that is, of course, useless. In the past, I’ve seen them slip that term in one time, tops. This was a three-peat. All I’ve got to say is, EW has fully lost their confidence, and I’ve got to say, I don’t blame them.
In May of 2023, I did a snarky post about Spirit Airlines (SAVE), decrying their horrible service and even scarier price chart. The arrow marks the approximate day of the post, and if you search for “Spirit Airlines” on the Slope home page, you’ll find about five different equally sneering posts about the organization.
Or, as I was tempted to title this, The Biggest Circle Jerk in Financial History.
