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.
Sentiment Turning Contrary Bearish
What was good for the bullish goose (sentiment extremes in March-April) is going to be good for bearish gander as well
Excerpted from the May 11 edition of Notes From the Rabbit Hole, NFTRH 862:
US Stock Market Sentiment
Dumb money apparently thinks that now that Trump is making a few sounds about making nicey nice with some trade partners, all’s well again. Dumb money is gulping down stonks even more aggressively now, while Smart money is fading. A degrading contrary-sentiment picture here.
Live Positions: Part Two
Tesla Tags the Fib
I can’t think of any stock which has such a close relationship with Fibonacci levels as Tesla (TSLA), which has been in such a state for literally years. Friday’s peak did a perfect tag of the top Fib, which suggests to me major resistance has been reached.
