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.

Gap Success & Silly Lambo

By -

Last week, on the 13th, I mentioned Nikola (NKLA) approaching an important price gap. Turns out to be well-timed, since that was the exact high. Since then, we’ve tumbled nicely. I suspect plenty lower prices could be ahead.

nklaclose

Anecdote time: I drove downtown last night to grab some dinner for the family, and I parked in front of an SUV. It didn’t look like anything special – – your standard 4-door Toyota or what have you. Turns out………it was a Lamborghini. And I instantly thought of the owner: “What a tool.” Way more money than sense. So you’re going to spend a quarter million bucks on something which will cost a fortune in upkeep, with lower quality, just for a logo? What a dope.

Biotech Pattern

By -

The biotech sector fund symbol XBI has a nice little head and shoulders pattern that is almost complete.

xbi

And now, apropos of nothing. You’d think about fifteen years of doing this, I’d have an incredibly acute awareness of my traffic. But I’ve only started paying attention. Turns out Monday is huge. Much bigger than I expected. But the big surprise for me is that Friday is way less popular than I imagined. It’s truly like people enter the trading week rarin’ to go, but by Thursday night, they’ve had enough. Interesting.