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.
Super Micro Computer sounds like the kind of 1980s style computer company name that I grew up with (as does their logo), but its old-school vibe hasn’t affected its new-school buzz. Between the AI and crypto bubbles, this stock has been propelled insanely high, and I’d say it has a LOT to prove to justify these levels.
A bullish idea for a change: Robinhood (HOOD). Actually, I’ve mentioned this one plenty of times before, and it’s done great. I think there be another choice opportunity at these levels, with a stop-loss price at its price gap of 17.36:
More evidence that this preposterous, phony, fake, insane, debt-fueled insanity is starting to run out of gas: the Dow Transports were in the process of creation a massive bullish foundation for the next surge higher. The pattern is completely petering out, as prices have stalled and have brought ruination to the prospect of this potential energy being released.
It’s about time. These wedges have been intact for nearly half a year. The failures aren’t taking place in some obscure, seldom-noticed sector. These are core breakdowns in the most important financial instruments in the nation. Let ’em burn.
It has been heartening this week to see the two “dollar” style stores that I’ve been suggesting as short-sale ideas finally met their comeuppance (or at least the start of it). These patterns were beauties: Dollar General and Dollar Tree.
