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.
I wanted to harp on a bit about the Crowdstrike trade I mentioned in the video. As I stated, I bumped up my position by 50% on Tuesday in anticipation of after-hours earnings report (which is dumb, and I honestly don’t make a habit of doing). I stand by my original position, but goosing it higher was just greedy, since the gap is as plain as day. Here you can see the gap, and it did a yeoman’s job sealing it up picture-perfect after hours.(more…)
Remember how everyone was jizzing all over themselves about the “Super Golden Cross” (honest, that’s what they called it, for real) a few weeks ago? Well, it seems to be sputtering a bit. Strictly speaking, the 50 day is still (barely) above the 100 day, but it’s completely wimping out at crossing the 200, and it wouldn’t take much for us to sink once again to the configuration that God intends, which is all three moving averages headed lower.
Suffice it to say, this wasn’t the “infallible” (again, their word, not mind) BUY signal that the shills in the media were endlessly harping. Stay tuned. I know you will.