After my success with shorting McDermott (symbol MDR) recently, I decided I wanted to highlight a few other similar charts.(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.
I have mentioned Cheesecake Factory many times as a short-sale candidate, principally because of its powerful analog and its obvious ability to plunge once a well-formed top is complete.(more…)
The opening few minutes to perhaps my favorite movie ever, Magnolia, in which all the characters are introduced.
Solar stocks rallied Tuesday amid instability over Mid-East oil, with two of them in our Charts of the Day video.
First Solar, Inc. (FSLR) jumped $2.38 to $65.82 on 1.5 million shares, or 1 1/2 times its average volume. The move, on no news, broke the stock out of a 6-week base pattern. Watch for a move next to retest the recent highs at $69-$70.(more…)
Out of yesterday’s entire Jerome Powell press conference, there was a single sentence which not only undid all the damage but also has been grating at me ever since. It is this: ” And we’re going to be assessing the question of when it will appropriate to resume the organic growth of our balance sheet.”
Just look at those words. Organic. Growth. Balance. It all sounds so natural and innocent, doesn’t it? Almost like something you’d be picking up at Whole Foods this evening, just between the coconut oil and white sesame seeds. The entire proposition feels wholesome and healthy.(more…)