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.

A Diminishing Light (by Xerxes)

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This is a short idea I came across by accident. I was looking at charts and came across this nice high priced but weak and toppy looking chart on both a Monthly and Weekly basis. This company “provides sequencing and array-based solutions for genetic and genomic analysis.” I can’t say much from a fundamental perspective as I am not familiar with the booming genome sequencing business, but all I can say is that trajectory has been down since 2021 and it can’t seem to get off the ground down here in the $200 area.

This has a rather high PE Ratio above 40 (not extreme, but also a bit bloated for the current market environment). Those weak stocks are my favorite to short because resistance just tends to hold so much more easily than trying to time the general market or market leaders.

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Oh, Glow Up!

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In the spirit of making SlopeTalk seem as “alive” as possible, we’ve added a feature in which the avatars of users have a circle around them to show how active they are on the page. Green is good ‘n’ fresh, yellow is fading, and if they’re red, it means, yeah, their page is open, but they haven’t touched it in a while. Please note I spent part of the weekend fleshing out the documentation, which you can see here. We are, of course, working every day on this product, tackling bugs and adding features. I appreciate everyone’s active participation and patience.

Two-Thirds Tesla

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After almost perfecting hitting my $100 price target on TSLA, it has exploded 40% higher in a matter of just a couple of weeks. As I’ve stated before, my target for this bounce is about $158, and we’re getting closer by the day. Remember that earnings are just two days from now.

Just as TSLA hitting $100 was an important bottom for the market, I likewise think TSLA getting anywhere close to $160 will be an important top. The easiest outcome would be if, post-earnings, they goosed it to the target.