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.

Zoom Communications

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And for our IPO wreck o’ the day, I present to you: Zoom Communications. Yet another Silicon Valley company which has never made a penny of profit yet managed to have a crazy-success IPO. Here’s the recent success that retail bagholders have managed to enjoy with this modern-day fiscal calamity.

Incidentally, a note to my Gold and Diamond members – – I’ve got a new published watchlist you might want to check out called “Recent Stocks”, which is where I’m keeping public unicorns like this.

Key Breakouts

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Here are four stocks positioned right at key technical breakout points.

Horizon Therapeutics Public Limited Company (HZNP) climbed 92 cents to $28.20 on 2.3 million shares Tuesday, more than 1 1/2 times its average volume.  The move, which came on no news from the drug maker targeting treatments for rare and rheumatic diseases, edged the stock out of a 2-month sideways channel.  A break above the May high near $29.25 could get the stock to $32 next.

Seattle Genetics, Inc. (SGEN) rose 96 cents to $83.38 on 890,200 shares Tuesday.  The move, on no news from the developer of cancer therapies, positioned the stock right at the declining tops line of its 2-week wedge pattern.  A follow-through breaking out of the wedge could take the stock to $89.

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