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.
With all the grousing and grumbling I do here, I thought I’d change my tone and write up a genuinely positive, optimistic post. This has to do with an element of what I think will be a tectonic shift over the next twenty years: transportation.
As dull as that sounds, I think the changes that take place in how we get people (or cargo) from point “A” to point “B” are going to be more profound that Amazon, Facebook, and the iPhone put together. My insight, if you want to be generous enough to call it that, is spawned from a couple of (as is typical for me – – negative) observations I make on a periodic basis.
Hertz Global Holdings, Inc. (HTZ) – after a strong bounce from yearly lows around 16 area in early October, the stock is consolidating last 3 weeks in a bullish pennant pattern right below 200 Day Moving Average. Break of resistance at 19.80 area could lead to a new up wave toward 21 on the short term. Initial stop below 20SMA.
Sinisa Persic, CMT TraderHR
Here’s today’s swing-trading watch-list:
Long Carrizo Oil & Gas (CRZO)