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.

Uranium Normal During War Drama

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Now Resuming its Bull Market

The Uranium sector is breaking upward from a bull flag/corrective consolidation channel

While some stocks went up (especially in the Oil/Gas and Fertilizer/Ag sectors) and many went down during the worst of the war related headlines (and in software, the AI-mageddon hype), stocks in the Uranium sector maintained an orderly correction/consolidation that began pre-war.

The sector finally came to a technical “buy” as it generally tested the uptrending 200 day moving averages (orange line on the chart below) and maintained its major uptrend. When is an optimum time to buy a market or stock? During a correction within an intact uptrend, that’s when.

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The Sad Decline of Lucid

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On the drive up to Tahoe yesterday, I passed by the only Lucid dealership I’ve ever seen. If you don’t know the firm, it’s basically an electric car maker whose only benefit was that Elon didn’t own it, so folks bought Lucid instead of Tesla as a protest. Their mistake, because the car isn’t nearly as good, and I think that’s reflected in the long-term price chart of LCID: