Only two days along, the oddly permabullish Goldman Sachs mouthpiece known as Zerohedge excitedly reported on a victory for their favorite asset, Bitcoin:
(more…)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.
The Tech Double Top
Unlike the /ES futures, the /NQ futures don’t have the benefit of a nearby Fibonacci to provide a sensible support/resistance level. Therefore, a few days ago, I laid down a horizontal line anchored to the most recent price peak. It seems to have pushed its way back to that level before selling off.
(more…)SLG Realty Requests Shorting
Stop Playing Games, XLU!
At this point, I’m starting to wonder if I should be personally insulted with the fact that XLU pulls this stunt every single morning, only to follow it up with a drop. I am NOT falling for this, XLU! You are NOT Lucy, and I ain’t no Charlie Brown.
Who Fell for This?
It’s hard to believe that anyone in the world would buy any SPAC stock, particularly one like VinFast which was valued at nearly $200 billion in the face of (1) selling only a couple of tens of thousands of cars (2) those cars getting dreadful reviews. I talked about this stock on the exact day of its peak, and it has lost almost 70% of its value in just a few days. Amazing.
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