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.

Rough Ride

By -

Good morning (more or less) to everyone. I’ve been up much of the night trying to deal with a fairly severe network issue which has hobbled many of the tools (particularly SlopeCharts) on my beloved site (Substack readers are NOT affected).

Those of you on mobile are doing just fine, but otherwise, please read this quick post from Sunday to see what’s going on. It could be a number of hours (not days, hopefully, but you never know) before things are good again, and I promise to do a post to let you know when things are solid.

In between tech support calls, I’ve been checking the overnight action. Bitcoin has undone a big chunk of the exciting plunge it had earlier, although it is still down quadruple digits.

(more…)

Permanent Advantage: Bulls

By -

You will recall my referencing of my “Advantage: Bulls” post from nine days ago as evidence of a major inflection point. Well, I feel even more wretched than I did when I wrote that post, so take that into account. We have just emerged from a global geopolitical cataclysm as if absolutely nothing happened.

The folks over at CMV have had to invent new levels to show how overvalued the market is.

(more…)

What Happened to Rivian?

By -

Attentive Slopers know that Rivian was my one and only long position. Was. I had a stop-loss at 18.25 (I bought it at 18.90) and got stopped out this morning at 18.20. Good thing, too. It’s a full dollar lower than my execution price already. That’s what stops are for!

It seems that, yet again, what should have been a breakout has morphed into a slump. Probably the next and best opportunity for RIVN would be after getting pummeled down to that ascending trendline, which could take months.

(more…)