Kinda like I said!
Toast Pops
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.
Reddit Finally Escapes
Reddit (RDDT) has finally joined the bull party, breaking to a new high for this relatively young stock.
Five Miners, Five Days
Last weekend, I did a premium post cleverly titled Five Miners which featured five precious metals miners that looked bullish to my permabearish eyes. Just for the hell of it, I added a portfolio to my spreadsheet to track how these five picks did. Now, not even five trading days later, they’re doing nicely with an annualized 216% return (!) The standout is DRD, and I suspect all five of these will continue to do great.
Dodged a Streaming Bullet
I bought puts on NFLX on the 11th and sold them at a nice profit on the 16th. Yesterday, the stock really started plunging, and I was ready to kick myself for taking profits too soon.
Now that earnings have come out – – – no kicking shall be forthcoming. This would have been a nasty one! It shows it’s good to at least have an awareness of when earnings are coming for your stocks, which is why we let you feature that information so prominently in SlopeCharts.
Getting in Tune
One would think that with yet another all-green-in-the-morning screen, I’d be kind of bummed about the day ahead. Not so! I’m feeling very in synch with this market, and what’s going on in front of us lines up nicely with what I’ve been anticipating.
First off, there’s China. Last week, on Monday, I went whole-hog buying puts on JD, YUMC, and PDD. I made nice profits on those first two, although way too early, but I held on to PDD for a triple-digit (about 112%) gain. I sold almost all of it off yesterday but held on to some just because it doesn’t expire until January 17th and probably has more downside. Short-term, however, I decided to get very light on China based on the $HSI gap I have written about lately. The notion that China has bottomed short-term seems to have been on target, as FXI shows.
