RNeo pointed out that SMCI had been raging higher for two days. I pointed out, in response, that we were getting right up to the “hey, we’re not a fraud” gap. Turns out this was spot-on:
Super Micro Gap
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.
Roblox Pedo Blow-Up
The past few decades have been merciless to bears, but happily, one of the few surviving analysts out there who actually isn’t a shameless shill for Wall Street is Hindenburg Research, which just came out with a damning report on Roblox. (TLDR: Pedophilia City). The stock is getting torched.
The Possible H&S Patterns Mostly Formed Now
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In my last post on Friday I was talking about the impressive track record for the daily sell signals currently fixed on SPX and Dow and looking at the possibility that H&S patterns might be forming for another leg down on SPX, NDX and Dow as those made target..
After yesterday those H&S patterns are mainly formed now, and if we are going to see those break down I’d expect that to happen in the next day or two, as otherwise the right shoulders, compared to the left shoulders, will start looking too disproportionately large, so the quality of the patterns will deteriorate.
(more…)Bon Ami
On Monday evening, after a grueling 6 a.m. to 6 p.m. in front of a computer, barely moving from the spot since I was contemporaneously dealing with my normal life (writing posts and trading) and my very abnormal life (screaming blue murder at my hosting platform for all the technical troubles we were having), I treated myself to cleaning a large pot in the kitchen sink that my wife had used earlier in the day to cook our dogs a big helping of chopped-up steak.
See, I like cleaning. We’re talking Felix-Unger-levels of enjoyment. So, I set about the task, scrubbing, rinsing, scrubbing, rinsing, and then with just a little water still in the pot, I swirled in enough white scouring powder to really do the job right.
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