Home, sweet home! Back where I belong! So here’s a post about a sector I’m finding rather interesting these days: semiconductors. Below is a chart of the semiconductor index, symbol $SOX, and what I suggest is a looming bout of weakness. Below this index I’ve provided four individual semi stocks that I think warrant close observation. My only position now is a whole ton of February SMH put options.(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.
In a rare moment of enmity with stock buyers, allow me to suggest that Slack Technologies (WORK) may be forming a nice little bullish base, and a push above that price gap at 24.26 would be positive for the stock.
After I dumped my GLD calls this morning, I started to wonder who my next victim would be. My eyes landed on the Metals & Mining ETF, symbol XME, whose long-term chart sports a series of lovely reversals.(more…)
I drove eight hours on Sunday to visit my parents (Charlotte to Atlanta and back, including a pit stop at the Waffle House, of all places). I’ve lived in the United States my entire life, but good Lord, it’s an entirely different world. Here are a few things I noticed on my drive:(more…)
I drove eight hours on Sunday, and I spent the time partly listening to the meditations of Marcus Aurelius. While rich with insights, it’s quite repetitive and long, and I was pleased to find this summary for my benefit, as well as yours. It’s far more palatable. Enjoy your improved self!
I’ll simply summarize and provide the major resistance and support levels for the SPX, GOLD and OIL shown on the following monthly charts and you can judge for yourselves whether strength or weakness is in the cards in the near term.(more…)