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.
If there was one thing that compelled me to trim my risk yesterday, it was the fact that chart after chart after chart (particularly of “younger” stocks that hadn’t been around very long) had been incredibly battered for a couple of weeks and seemed to be getting off the mat. Quantum, for instance, had fallen virtually every day for weeks, but after the stuffing was knocked out of it, there was no more selling left to do. Even WeWork was up!
OK, yeah, I’ve mentioned this victory before, but it’s so much better now that I’ve just got to give it its due. I nailed Moderna just about to the millisecond with this post. It has plunged over $100 per share in a matter of days. All hail the gap! This chart is a little out of date, taken in the middle of the trading day on Monday……
I made four specific predictions about Tesla (TSLA). A quick search of even just the number “910” in the Slope of Hope search field will reveal some of them. The first three predictions came true with remarkable precision, as I enumerated in this back-patting post back on November 15th. The 4th one was pending. Specifically, a prediction that the stock would fall until its price gap at $910. Here’s one mention of that price target.
Just two days ago, I suggested the absolutely insane idea of buying puts on the incredible success story Moderna, which has the U.S. government by the short hairs as it extracts whatever revenue it desires based on its mandatory vaccines. This simple chartist was merely pointing out the price gap. Here’s what it looked like:
Very interesting! These are the buggers that had me laid up in bed for a good portion of the weekend. This might be an opportune time to go bearish on the jabbers.
