Wow, it can’t even get it up on a day like this. Major trendline failure. The “planes that fall out of the sky” business model just isn’t panning out.
Boeing Breakdown
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.
Three Crypto Bulls
In the conclusion to my post yesterday I said:
(more…)‘So what’s the takeaway here? Well before the open this morning I was talking about the decent looking possible double bottoms on Bitcoin, Solana, SPX and DIA. Those have broken up on Bitcoin and Solana, and the ones on SPX and DIA are heading that way at speed at the moment. We could see a strong rally across the board today and, subject to the huge news week this week, that could take all of these back to last week’s highs. ‘
Five IPOs To Watch In 2025
Amid elections, geopolitical tension, high interest rates, and wider economic uncertainty, a robust U.S. stock market has seen Initial Public Offering (IPOS) activity skyrocket this year. Proceeds raised through IPOs on U.S. exchanges during the first three quarters of the year exceeded 2023’s full-year performance.
Across 121 deals, IPO proceeds have raised $27.3 billion, including 17 deals that raised more than $500 million, 12 deals raising more than $100 million, and one deal raising over $5 billion, the largest of the year.
Globally, a total of 551 new listing deals raised a combined total of $52.2 billion during the first half of the year. Capital funding deals have been declining, with the first six months of the year registering a 12% decline in new IPO capital. In total, year-over-year proceeds have fallen by 16% in 2024.
(more…)Big Swinging Nordisk
Some welcome (and badly needed) news for the bears was Novo Nordisk which, even with a quadruple-digit rally in the Dow, managed to slip lower and continue to express the proper direction beneath that monster top. I’m holding on tight to these puts!
Tesla Target Revisited
I had offered up a target price of just under $300 for TSLA (about $294, where that Fib is). The mega-rally, with Elon has close ally of the new administration, has put us most of the way there.
