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.
Just a quick “thank God another holiday is behind us” post to say that, as I’ve mentioned daily, the NVDA gap is crucial. It also happens to be exceptionally close. Here’s the daily chart (which doesn’t include the trading going on pre-market).
I’m still gap-happy, so here’s another gap opportunity. No, no, not Candice Bergen – – it’s Murphy Oil (symbol MUR) which has clawed its way back to the vicinity of its 28.83 gap.
So far, it looks like the massive counter-attack this week has achieved merely what I suspected it would achieve, which is to claw its way back to the trade war price gap (which already feels like it happened a month ago).
Well, the whole trade war thing was a total joke. Everyone’s hair was bursting into flames about the tariffs, retaliatory tariffs, etc., but with some vague promises about sending personnel to keep an eye on the borders, both Canada and Mexico were left off the hook. Added to which, Wall Street darling Palantir (PLTR) shot up like a rocket after earnings were announced
Here’s a rare success story in which I’m not furious with myself for selling too soon. The stock was Novo Nordisk (NVO), and I bought puts and made a triple-digit profit on the puts. The reason I’m bringing this up is because the hard fall of NVO almost perfect sealed its price gap (dashed green line) which is providing support.
