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.
Bank Trendline FAILURE!
Thanks, Semi-Jim
During the preposterous run-up in prices that terminated on March 29th, one of the first sectors I wanted to re-short was semiconductors. I got puts on AMD (July $130) and NVDA (July $300). How pleased I was yesterday morning to see Jim “I’ve out-Gartman’d Gartman” Cramer with this, the first of a number of tweets about him being an eager beaver about AMD.
Homebuilders Breakdown Continues
Emerging Fibonacci
Want to see something cool? Sure you do! Let’s take a look at the heavily-traded emerging markets fund symbol EEM. I have drawn a Fibonacci Retracement form the Covid crash bottom (March 23, 2020) to the recovery top (incredibly, way back in February 16, 2021). Pay particular attention to the retracement that I’ve put in bold, which is at the 61.8% level.
