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.

Fibonacci Fly Trap

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Next Tuesday’s election (have you heard about it?) is going to move a lot of financial instruments, one of the most important being Tesla. If Trump wins, TSLA should fly. If Trump loses, it’ll get nuked. As it is now, it has found powerful resistance in the same place it has for the past 18 months: right at the trio of Fibonacci retracement levels, where it is stuck at roughly $260 for the foreseeable future.