Preface to all five parts: I finished the trading week with 50 short equity positions, 45 of them profitable and 5 of them with a small loss. I have broken these up into five equal parts to share over the weekend. Click any chart to enter the gallery of much larger versions. Please note, if you feel you benefit from my work and my financial investment in this site, please consider joining as a premium member today.(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.
If for no other reason than to have a post to laugh at later, I want to be sure to preserve what this guy just said:(more…)
Today I added Advanced Micro Devices (AMD) to my portfolio as a short-sale. It has had an extraordinary run, and it rarely gets this high relative to its long-term Bollinger Bands.(more…)
Canopy Growth Corporation (CGC) rose 88 cents to $21.13 on 6.7 million shares Thursday. The company announced a new hemp-derived CBD product line. The stock bounced off the bottom of its declining channel last month, and has since been consolidating before breaking out of the channel earlier this week. A move through recent highs in the $21.50-.70 area could lead to our next target of $26.
Mallinckrodt plc (MNK) jumped 33 cents, or nearly 10%, to $3.69 on 7.6 million shares Thursday. The UK-based biopharmaceutical company last week announced findings on a novel predictive model to more quickly identify infants with a rare seizure disorder. A break through lateral resistance in the $4-$4.15 range could accelerate the stock to $5.25.(more…)