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.
We shall begin by marking the precise top of Nvidia with this little event, which I’m surprised didn’t cause international outrage………but when people are making bank, they don’t care. Those days are over. If Jensen tried this a week from now, his name would be Mud.
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I’ve been yammering on and on about SMCI as a terrific short for weeks, and today we get this news:
People probably thought I was insane on Friday, when Powell did his stupid PIVOT, to suggest a TRIPLE LEVERAGED BEARISH fund (SOXS) but, well, here ya go:
When looking at the charts this morning, it seemed like another grim day for the bears. The only bright spot, Schwab (SCHW) was already starting to strengthen. After a raft of economic data tumbled in, delighting the bulls into an antique-shopping, hair-dressing frenzy, everything fell apart, piece by piece, and step by step, throughout the entire day. It was a lovely sight.
