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.
There Goes the Parade
Marginalizing Normies
I’m old fashioned. I realize that. By the time I was 24 years old, I had (a) a wife (b) my own home (c) a career (d) and, of course, a dog.
To observe that there are an ever-growing group of 34-year-olds still living with mommy and daddy is just eye-rollingly pathetic to me. For real. It seems that making a life of your own has become freakish.
Back in Their Pants…….
I had a very quick and very profitable trade on Abercrombie & Fitch (ANF) last week, and I vowed I’d get back into it again if it would ever close its price gap. Well, I didn’t have to wait long, because it sealed the gap up perfectly early on Monday. Thus, I’m back into it, this time by way of November $170 puts. I hope to hold on longer this go-around.
Bitcoin Approaching Bull Flag Resistance
I called a possible swing low on cryptos on 5th July, and that’s been progressing as expected so far, and BTCUSD (Bitcoin) is getting close to bull flag resistance.
Bear flag resistance on Bitcoin is in the 70,600 area, and that is now getting close. If that breaks then the flag target will be a retest of the all time high at 73.8k. If Bitcoin continues to stay close to the daily upper band, then that should be hitting bull flag resistance by Wednesday.
BTCUSD daily chart:
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