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.

YUM! or Yuck?

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The chart on YUM (Yum! Brands Inc.) doesn’t look so yummy to me.  In fact, it looks quite ugly.  YUM recently pounded out a triple-top high with solid negative divergences in place on both the daily & weekly time frames.  The breakdown of this bearish rising wedge pattern on the daily chart provides an objective, well-defined short entry at current levels (YUM actually just backtested the pattern today as well). (more…)

More Good Reasons to Buy

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The surge in equities today is brought forth by one compelling reason:

  • We are not bombing Syria right now

I propose that there are many other reasons to, as Cramer would say, “buy buy buy!”. They are as follows:

  • We are not bombing Iran right now;0902-war
  • We are not bombing France right now;
  • We are not bombing China right now;
  • We are not bombing Canada right now

I’m really not sure what you are waiting for. Buy some LNKD! It’s only got a P/E of 1,000! It’s time to get in on the ground floor.