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.

Salt in the Tea

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The Long Island Iced Tea company’s “pivot” to be all about blockchain has, shall we say, come full circle. Anything to do with cryptos has turned to dog crap. It’ll get worse, though. Because the crap is going to sit in the sun, getting mushy, attracting flies, and then someone is going to accidentally step on it with their boots. OK, I think I’ve carried this allegory far enough.


Further Volatility Ahead for FAANGs

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Amazon plunged last week after media rumours surfaced about President Trump’s intentions towards its taxation, as shown on the following daily chart of AMZN.

A hold below near-term resistance of a 50% Fibonacci retracement level at 1441.74 could see a retest of 1400.25 (60% Fib retracement), or lower. The dramatic plunge on the momentum indicator signals further volatility and wild price swings ahead for this stock.