Absolutely Electric!
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.
Burning Off the Drop
I am still keeping things light. One item to watch is FNGD, the triple-bearish fund based on the FAANG stocks. The closer we get to the green pattern, the more appealing the idea of shorting becomes for the market in general.
Buena Vistra
I’m continuing to lay low with modest exposure while the bulls get their “stocks are on sale!” ya-ya’s out. Only a handful of my short positions are moving the right way this morning. One of them is Vistra Corp. (VST) whose stop-loss price is 183.50:
Grindhouse Morning
Greetings, all. I first want to mention that we made a substantial number of improvements to our network setup last night, which seems to have really helped performance. If you see anything untoward, drop me a line, but I think most of you have probably already noticed how much better things are working.
As for the market, well, after a nice bit of selling this morning, we’ve got this to contend with:
Gonerr
Below is Fiverr (FVRR) which has lost over 90% of its value after I noted its failed pattern (the lower of those long horizontal lines).
Just think of all the sectors that were created over the past decade that were supposed to be revolutionary. 3-D Printing. Gene Editing. More recently, flying cars. And, in FVRR’s case, “the gig economy.” Do you remember how many zillions of articles and interviews were pushed out related to the gig economy? And yet here we are. Hey, at least we can count on AI to safe us all now.
