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.

The Return of the Semi Short

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Normally, the day after NVDA reports is almost completely obsessed with, well, Nvidia. This time, however, the NVDA earnings got subsumed by the huge news about the international trade court, which has absolutely rolled the markets.

Now that the dust has settled, I wanted to mention that I actually went short NVDA yesterday, to good effect thus far. The stock has been hammering out a series of lower highs, and the peak yesterday matched almost to the penny the prior lower high. I figure if THAT much good news (blowout earnings and the trade court thing) could only push the stock to that level, not even in the same ZIP code as lifetime highs, it was time to get short.

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