I put together an analog for Tesla (TSLA, if you honestly have to ask) which I think you might like. The stock is worth about one-third its peak value. I’ve tinted the chunks of the analog for the past several years. We’re in the “grey zone” right now, and the real question is how much of its past behavior will be repeated, which had pounded the stock down to nearly $100 in late 2022.
(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.
Finance Degree
I’d like to suggest the finance fund, symbol XLF, as an appealing short. I’ve bought September $42 puts on this bad boy, which has a broken trendline and a cute lil’ H&S top.
No One Gets the Point
When everyone assumed the multi-trillion dollar Green Giveaway from Biden was going to pass, all kinds of crazy companies went public. One of them was ChargePoint, which has the not-so-impressive business model of reselling electricity to car owners who, for some reason, elected not to use the vast Tesla Supercharger network. In any case, the result isn’t surprising…………
Evacuees
Here’s an interesting perspective about which states are gaining and losing citizens. I guess California’s 13% income tax rate (which is largely non-deductible for federal taxes) isn’t as appealing as one might imagine.
Sweet Nektar?
The biopharmaceutical company Nektar (symbol NKTR) has finished was appears to be a well-formed bullish base.
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