Eli Lilly (LLY) has been one of the most merciless goes-up-all-the-time stocks in history, but recently it has done something surprising: created a major price gap and then perfectly filled it. Perhaps this is the end of the ceaseless ascent?
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.
What Inflated the Most?
Ethereum Reversal
Just as excitement about Bitcoin ETFs goosed crypto to lifetime highs, so, too, did chatter about Ethereum ETFs push $ETH higher. It seems to me that about $2815 is a firm limit.
(more…)Volatility Demolition
It seems almost impossible to believe that last week the VIX was nearly at 70, and now we’re threatening to go into the sub-teens again. I don’t think I’ve ever seen a drop this fast. Not even close.
Attention Kmart Shopifiers
I’m getting a great second chance with Shopify (SHOP) at a very appealing price point. The explosive move has sent this thing sailed up toward both a major price gap as well as a key broken trendline. I bought have January 2025 $80 puts.
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