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.
Way Paid
Back on December 6th, precisely a month ago, I did a post called No Way? Way! which suggested shorting Wayfair (symbol W). Well, $60 in a month’s time isn’t bad! The arrow marks the post:
(more…)A Novel Idea
In case anyone’s interested – – and maybe if no one is – – I wanted to give you an update on my first novel.
(more…)EFAvescent
(NOTE: I composed this post, and did the screen shots, before the marvelous sell-off today; so the points all still hold, but more boldly than before!) I have mentioned the symbol EFA from time to time as a very intriguing long-term short setup. I have March 18th $82 puts on EFA which are presently down 16% in value. With 72 days left until expiration, I am not giving up on EFA (not yet, at least!) in spite of its recent strength. Allow me to offer a few chars to illustrate how overbought this instrument is. I’d also like to mention, as the first chart illustrates, that this is the first time since the start of the Covid crash (10 months ago) that there’s been a bearish exponential moving average cross-under. So………there’s hope!
(more…)Crypto Support Failure
I just got this SlopeAlert in my Telegram account:
That’s it, folks. Watch what’ll happen next on $BTC
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