The big mover after hours is Priceline (PCLN). The last time I did a post about Priceline, it was a bullish one (yep, believe it or not – here it is), but we’ve already exceeded my target. Upon examination, it occurs to me my target was calculated poorly, because I didn’t closely examine the prior breakout and its own behavior.. (more…)
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.
Dow Trendline Termination
This is my first experimental video. I have been a member of Slope family since 2009, and finally got some guts to do a rough video. Criticisms are welcome. In the video the point calculations are not accurate, as it was just for the concept. (more…)
Groupon Rocks On
As snarky as I am about a lot of stocks, I actually turned bullish on Groupon in the spring. In mid-May, I did a post about three web stocks I thought looked bullish, one of which was Groupon (then trading just above $7). It had built a beautiful base, and today’s 25%+ up-move is just an expression of all that pent-up energy. (more…)
Jaw-Dropping
This stock has gone from pretty-much-unknown to something everyone is talking about. It’s only been public three years, but it is up seven-fold. I offer below a very simple chart to illustrate how astonishing its rise has been, particularly over the past six months. Zowie. (more…)
FSLR Attractive Option Play
Despite all the buzz in the name First Solar (FSLR), I’ve stayed away from it until now, because I didn’t consider implied volatility to be cheap for the scenario at hand. Now, however, I do see some attractive plays that I intend to make use of. (more…)