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.
Extreme Weight Loss
We’ve been watching the Olympics each night, and every forty-five seconds, Novo Nordisk shows the same danged commercial about the Wegovy pill. I was curious how their stock was doing, and it’s interesting how its beautiful H&S top was followed by what is so far an over 60% wipeout in value. Another victory for classic charting!
What the Friar Tuck?
Earnings season is quickly winding down, but one interesting item coming out after the close is Robinhood (HOOD). I’d love to short this, but not at these prices. My dream scenario would be a rally to that price gap. Until we see what happens, I am not touching it. (Sadly, if it just plain falls, it’ll be too late!)
Cancerous Chart
This stock is too cheap and thinly-traded to draw me in, but I’ve got to say that the head and shoulders top on The Oncology Institute (TOI) is quite clean!
More Cushion for the Pushin’
It is my fervent wish that the mega-rally we saw on Friday will be remembered as a fantastic bull trap. Some of the big ETFs suggest that it will be.
The first chart, that of the Dow 30 ETF, has not a single bearish thing about it. This is a clean breakout to lifetime highs.
