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.

Wally World

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Walmart IPO’d in 1974. Then a recent college grad and not yet an investor in the markets, I paid it no mind. Anyone who did invest then has done remarkably well with extraordinary gains.

It bears paying attention to the stock now.  During their earnings report on February 20, the company noted that earnings for 2025 would be below expectations. This warning comes on the heels of the threat of tariffs being placed on China imports, which imports constitute a large number of Walmart’s products.

Here are monthly charts of WMT: the first chart showing its entire history; the second chart showing recent price movement.

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These Trying Times

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As traders, we know to be nimble, to quickly react when price turns against our thesis.
Last week was a good example of the current dubiously controlled markets – the tape bombs, the announcement of change from the former normal, the next issue that may, in a flash, change the market direction.

The best-looking setups don’t always play out, still, we place our bets from what the charts show us. Win or lose (remembering the biggest winner is a tiny loser), one thing we can be assured of is that the markets will  provide another opportunity, directly; wait for it.

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