It’s a good morning, and I’ve been busying tightening up stops. One stock that’s done nicely is Dollar Tree (DLTR) which is down about 3.5%, affirming the value of its (imperfect) H&S top.
Barking Up the Wrong Tree
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.
Bottle Rocket Short
You’ve heard the old saw that you shouldn’t try to grab a falling knife. Perhaps the same holds true that one shouldn’t try to grab a soaring bottle rocket. I have ignored this, however, and shorted AXTI today based on no other reason than the fact this chart is absolutely ridiculous.
We Ride!
In the midst of this very, very green morning, I offer to you a new short-sale idea: WeRide (WRD), the Chinese autonomous driving company. This is one of those equities which is at lifetime lows but still has an impressive “top” anyway. I shorted this on Friday and have already tightened up its stop-loss to $7.
Portfolio 666 No. Two
I have two portfolios which consist of nothing but short positions. Below are the contents of one of them, and there are eighteen positions in it. I have zoomed in on the germane portions of the chart, and everyone can see the first six of them. The remaining twelve are visible only to Slope’s paying members of every level.
Portfolio 666 No. One
I have two portfolios which consist of nothing but short positions. Below are the contents of one of them, and there are eighteen positions in it. I have zoomed in on the germane portions of the chart, and everyone can see the first six of them. The remaining twelve are visible only to Slope’s paying members of every level.
