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.

Wreck

By -

Over the past seven years, I’ve written many positive things about Tesla. There is an entire subculture, however, which actually despises the company and, even moreso, its leader, Elon Musk (I almost typed “founder”, but as Jobs did with Pixar, he didn’t actually start the place – – he just bought it when it was cheap and going nowhere).

Anyway, there are plenty of concepts and people I have no trouble bashing, but I’ve never joined the TSLA hate-fest. Those who have, however, are probably delighted at this morning’s pre-market action:

Image
(more…)

Crypto-Pause?

By -

I honestly have zilch and zip to say about stocks right now. Wednesday was a nothing day, and the laughable news that the U.S. is going to give China until 2025 to comply with any kind of trade “deal” is apparently a non-event (the ES and NQ are actually both slightly up as I am typing this). So let me just say a word or two about a couple of crypto charts, since those are in the news.

Bitcoin Cash has been on a crazy tear, but I’d like to point out the descending trendline. It might wind up in two or three weeks for another run to smash through it, but at the moment it seems plausible to me BCH will have some sellers taking profits at these levels.

slopechart BCH
(more…)