Let’s take a look at some of the Slope pages with respect to this afternoon’s big event, META:
Oh, Hi Mark
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.
Low Charge
I am highly confident this is the extent of the Tesla rally. I truly wish the company a great future, but I believe it will be years, perhaps many years, before it works its way through all that overhead supply.
Wisdom of the Crowd
I ran a poll on X.com yesterday to see what people thought would happen with Tesla this morning:
Transports Talk
The Dow Transports ($TRAN) doesn’t get much attention, but I’d like to change that briefly. Take a look at the chart below, because it’s quite interesting.
What I see is as follows:
- A massive basing pattern which came close to completion but sputtered out (blue tint);
- Range-bound behavior for months (magenta tint);
- A failure below this range;
- A subsequent bounce to the underside of the range.
I think what’s next is a resumption of the weakness.
That’s Prolly About It
Tesla (TSLA) is having a great after-hours session. It is the top gainer after-hours, adding a double-digit percentage to its closing price and this is in the face of a “miss” on almost all metrics.
