Wrapping up my picks from this weekened……I’m not sure how you spent your Friday night, but I spent mine going through all of my existing short positions (which are legion) and plucking out the very best of them. There are so many, I’m breaking this into four parts and posting them in pieces. How on Earth do you express your thanks to someone who spends so much time finding great opportunities for you? I’m glad you asked – join the many hundreds of other Slopers who have decided to subscribe to Slope Plus! Here is this post’s portion of short picks: (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.
LinkedIn Weighed Down
Many have stood slack-jawed this year staring at something so huge, it prompted a double-take: LinkedIn’s stock performance. None would doubt that with the gargantuan problems our world faces, only someone with an appetite for success like founder Reid Hoffman would put his full weight behind the success of this constantly-growing corporation. He has battled weighty issues such as privacy as well as the fatuous attempts by competitors to unseat him from his throne. Flush with excitment, however, Hoffman continues to consume opportunities and overshadow the small men who once questioned whether he could truly soar. (more…)
AAPL IHS
ES hit my targets on Friday but didn’t reverse there, closing very well below both the daily and weekly upper bollinger bands. I was asked why I am expecting at least a test of the highs before a larger reversal and the main reason is that there was no NYMO or daily RSI 5 divergence at the current high. We don’t always get either of course, but we do much more often than not, as you can see from the 7 month chart below showing the trend reversals over that period. SPX vs NYMO daily chart: (more…)
Bears Turn?
September expiration has finally passed us by.
It was a rather smooth month until Helicopter Ben stepped in this past Wednesday. Of course, the bulls were certainly more than ecstatic about the results. But, the move was short-lived and as we enter post triple witching we should expect to see further declines. On second thought, Ben’s message might have been one of the best things to happen to the bears in quite some time. (more…)
Fantastic Fall Free Fall……….Evil Plan 999 (by BDI)
Well, my fellow Slope-a-Dopes, we are heading straight into the fierce fiery ferocious fangs of FFFF! And yes, macro event risk & economic data points can and will have an immediate impact on our capital markets. (more…)
