This is all Apple managed to accomplish with their absolutely criminal scheme to buy back a record quantity of shares in order to goose their own stock. They closed a price gap. B.F.D.
$110 Billion for a Gap Closure
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.
Small Cap Gap Zap
Well, folks, it’s day 3,830 of the captured market, and the bulls are running roughshod. Not all is lost, however. I am taking advantage of the strength and have gobbled up a bunch of June $205 puts on the IWM based on the one-two punch of (i) a gap sealing up (ii) a major Fibonacci retracement level.
The SNAP Gap
I’d like to gently suggest that the closer we get to closing this gap, the more interesting this bearish trade becomes.
Super Told-Ya-So
SMCI with one of the great gap-closing shorts in human history. LOTS more downside from here. Double digits possible by 2026.
Super Micro Macro
Super Micro (SMCI), a formerly ignored server manufacturer, exploded into prominence thanks to the AI fad. As we approach gap closure, this sucker is going to be extremely vulnerable to a smack-down.
