I am taking advantage of the (laughable) rush to buy stocks again by shorting some retailers that are approaching major resistance levels.
Retail Replays
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.
Eyeing AMD
The day isn’t quite as big a kick as I thought it might be, but steady as she goes. On the whole, I am in wait-and-see mode. One in particular worth watching is Advanced Micro Devices. In particular, I’d like to see it get as close to that gap as possible.
Important Gap for Microsoft
Relevant not just to MSFT but to QQQ as a whole:
NASDAQ Gap Holding
Going for the Gaps
My enthusiasm for this market remains tepid, but the trio of charts below are worth sharing. I purchased puts on ANF (August $40) and BURL (September $250) just now, taking advantage of the gap closure. I was thinking of puts on SIVB, but the spreads are too horrible, even for me.
