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.

The Gaps Matter

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After my epic previous post, I figured I was done for the day, but nope, let’s do one last quickie. Below are six major U.S. stock market indexes. I merely share this to illustrate the importance, and the consistency, of the price gap that was defined last weekend. I have anchored each recent horizontal to the same gap. Let’s just agree that it would help the bears an awful lot if we managed to stay below these gaps.

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The Full Journey

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Last year, I frequently mentioned Twilio (TWLO) as an appealing short sale based on its extraordinarily high valuation and its right triangle topping pattern. That played out beautifully for many months, and now it has done an eye-poppingly good job at sealing up its gap. I’d say we can close this a winner!

I will say that I’m holding a number of stocks in my bearish portfolio (is there any other kind? which resemble TWLO but are, I believe, a long way off from finishing their own journeys!