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.
This has not been my finest hour. Indeed, if I had decided to sit on my roof (picking at the moss, perhaps?) for the first hour of trading, I would have served myself better, because I gotta tell ya, this action from midnight until about half an hour into the trading day freaked me out.
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.
Wow. I can seriously be a dope at times. Allow me to explain!
I stumbled upon a stock today I had never traded before called Credo (CRDO). I became instantly enamored of the pattern, and I did a post about it shortly after I acquired some June $125 puts.
Unbeknownst to me, the stock was slated to report earnings after the close, and the moment it did, the stock EXPLODED higher by over 20%!
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.
Every. Single. Time.
