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.

Pslightly Psycho

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Oh, Elon, c’mon. Was this really necessary? Yesterday morning, the Twitter (that is to say, “X”) logo on the app changed. I did what everyone else on the planet did…………tried wiping my screen with my finger to remove the smudge, and then wondered how I managed to crack my screen. I have NO idea why anyone would change their logo to look like this, but…………..it’s kind of ridiculous.

Tesla in Days Ahead

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The stock chart of TSLA has been behaving itself quite predictably lately. The company has lost a quarter of its value in a matter of weeks, and after it pierced its supporting trendline (in blue, below) it was up to the Fibonacci retracements to hold the sucker up. The highest Fib failed yesterday, and the middle Fib has done a yeoman’s job keeping prices up (note the low of the day perfectly coincided with the value).

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Tango and Cash

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OK, that feels better.

  1. I have moved from 0% cash to 25% cash;
  2. I have maintained almost every single position, simply taking partial profits;
  3. I’ve got a ton of buying power IF we move higher next week and have better prices for shorting

One item I didn’t touch at all is Nvidia, which reports next Wednesday afternoon. This thing is totally in the free-fall zone.