This is from four months ago:
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.
Slipped Nordisk
Shits Ahoy!
Long-time readers know of my lifelong disdain for anything related to cruises. Having experienced a cruise precisely zero times, I nonetheless harbor an abiding loathing for the things, since I vividly imagine them to be gargantuan floating hotels, peopled with morbidly obese gastropods who are desperate to interrupt the emptiness of their lives with a brief bacchanalia lined with all-you-can-eat buffets. The entire enterprise disgusts me.
With that sparkle-eyed introduction, I am delighted to report that Royal Carribean Group (RCL) is getting absolutely nuked this morning. I suspect their profits have been severely diminished by the gluttonous blobs bobbing up and down on their ships, eating far too much fried chicken and cheesecake.
Cathie Breakout Zips Ahead
The Glorious Reversal
To be clear at the outset, this is NOT a victory lap. The /NQ is still up almost triple digits. The /ES, while down, is down less than a fifth of a single point. Plus, today was a LIFETIME high for many indexes. Having said that, though, I got more aggressive on the short side early today, with such opportunities as AMD’s gap-fill. These prices are just too damn high!
