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.

Those Animal Spirits

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In my pre-market, it’s-still-dark-outside post from this morning, I wrote, in part:

Animal spirits still abound, and there’s a certain subset of the “investor” crowd which are simply gamblers that love stuff like IQ and TLRY. Now that cryptos have crapped all over themselves, they are no longer a suitable place for the casino crowd to get their adrenalin rush. So it’s focused on stuff like TLRY which, I assure you, will look like the chart of IQ soon enough.

In case anyone didn’t really buy the notion that the same psychology was driving gambling in crypto and gambling in pot stocks, observe the intraday action today from TLRY:

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Seeing the Components

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To my way of thinking, there are three kinds of people in the world:

  1. SlopeCharts users;
  2. Recalcitrant infidels who insist on using inferior charting platforms;
  3. Those gentle souls who simply need a light to see their way to SlopeCharts

It is this third group I am particularly addressing with this post, since there are so many features in the product, it’s easy to lose sight of all there is to use and enjoy.

Today I am having an exceptionally good day with my Dow Utility put options. It occurred to me that I wasn’t acquainted with the 15 component stocks of the Utilities, and I was curious to see the stocks which comprised the index itself. SlopeCharts easily solves this problem like so: (more…)

Desperate for Another Hit

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I rarely glance at my Facebook, but this morning I did and a friend of mine was asking if anyone got “lucky” with TLRY. In case you haven’t heard all the chatter, Tilray is a Canadian marijuana company which has become the newest darling of MOMO stock traders.

This struck me as interesting, because the last time this same friend mentioned a stock that I had never heard of before was a few months back when she mentioned IQ, “the Netflix of China”. I’m not going to bother drawing an arrow at the place where she drew my attention to it, but look for the highest point of the graph, and you’ve nailed it. The stock is down about 50% since then.

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