Well, all that hoo-ha a couple of weeks ago about the Intel bug turned out to be meaningless, didn’t it? INTC is roaring almost 10% higher right now. What’s more astonishing to me is that Intel was more expensive 18 years ago than it is right now! It has been struggling to complete this pattern for almost two decades.
Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
The sad irony of this week is that I have a relatively huge amount of time and almost nothing to write about (To describe the market as “boring” is akin to describing Mitch McConnell as “not classically handsome”; in other words, a massive understatement. Because January is going to be oh-my-God, constantly-traveling busy, and I’m sure the markets will be very interesting. Anyway, here’s another video I just cranked out, which talks about analogs and their value. I’m going to spend the rest of my day doing voiceovers for the other 21 videos.
As I’m working with my team on New Slope, I’ve been reviewing our videos to see which are still useful and which need to be tossed. One of them was about analogs, and even though it was recorded over five years ago, it worked out great. Here it is:
In the nearly thirteen years that I’ve been writing Slope of Hope, perhaps the most ironic post (out of over 20,000) was one I did last January called Bitcoin’s Massive Bullish Base. The reason it’s ironic is because Slope is largely dedicated to seeking out short-selling ideas for stocks, whereas the post was about going long a cryptocurrency. Only ten months and eight-hundred percent later, It turned out to be the greatest trade idea in the blog’s history, which actually doesn’t feel that great for the reason just cited.
Preface to chart posts for this weekend: Instead of doing a bunch of videos, I decided to show static charts created, of course, with SlopeCharts (which you should use – – hint, hint). I am allocating most of these ideas to my Slope Plus subscribers. What these charts all have in common is (1) they are all “live” short positions in my portfolio (2) the patterns should be fairly self-explanatory. What’s unique about this particular set is that they are all based on analogs: