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.

A Tighter Trendline for NASDAQ

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The NASDAQ Composite has slipped beneath a new, medium-term trendline I just drew. I think a modest bounce is at hand, and I’ll short into the strength, but meanwhile, I’ve reduced my positions from 100 to a mere 62, with a 66% commitment (the rest in cash). Some day-trades in precious metals helped augment profits, but I am presently long nothing, although I do think some sustained gains in precious metals could be at hand in the coming weeks.


A Good Example of a Short-Term Cover

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I am covering some shorts today, because I think a bounce is in store for some of them; a good example is Canadian Pacific (CP), shown below; I think it’s got lower prices ahead, but for now, I’m taking very short-term profits and waiting to short again at higher prices. My earlier trade was entered around, shown with the arrow, and covered minutes ago, shown with the second arrow.