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.
I was rather intrigued by a premium post over on ZH about the stocks with the highest short interest as a percent of their float. The premise was that these stocks could get squeezed higher, 2021 style. I took the time to put together this list (you’re welcome!) and have thumbed through the charts. Below are the companies from the thirty possibilities which, strictly as a chartist, I’d say are more prone to rally.
Killing machines maker Lockheed Martin got blasted today, and they are presently down 30% from last October in the midst of the most laughably overvalued market in human history.
Back in my post on 11th April I called the likely start of a strong rally which we then saw.
Back in my post on 12th May I called for new all time highs on Bitcoin (BTCUSD) and laid out possible IHS scenarios on both Solana (SOLUSD) and Ethereum (ETHUSD), looking for ideal right shoulder lows on Solana in the 125.43 area and on Ethereum in the 2074.27 area. That hasn’t gone quite as I drew then but essentially both are still running that scenario.
Back in my post on 23rd June I called the likely lows on those right shoulders made on Solana at 126.09 and on Ethereum at 2113.65, and was looking for that IHS scenario on both to start to play out.
In my last post on 18th July I was looking at the IHS that had since broken up on Ethereum and the progress made towards the IHS neckline on Solana.
(more…)Since peaking on June 30th, Netflix (NFLX) has shaved over 10% off its value in a fairly persistent beat-down.
Some interesting after-hours market action based on the latest earnings reports! Here’s Texas Instruments, which is providing the one or two bears left on the planet with some profits.
