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.
I shorted Applied Digital Corporation (APLD) a few days ago, since it is involved in the whole hyperscaling finance effort, and it’s doing well. This got even better today now that it has broken its nearly year-long uptrend. Onward and downward!
I expanded my risk profile on Thursday, amping up my portfolios to 43 (!) positions. I have selected a dozen charts from those portfolios whose patterns I believe are particularly impressive.
There are a number of stocks out there which have lost MOST of their value and yet still represent good short positions. One of these, a current holding, is Owl Capital (OWL), which continues to sink below a massive topping pattern.
I’m continuing to lay low with modest exposure while the bulls get their “stocks are on sale!” ya-ya’s out. Only a handful of my short positions are moving the right way this morning. One of them is Vistra Corp. (VST) whose stop-loss price is 183.50:
Below is Fiverr (FVRR) which has lost over 90% of its value after I noted its failed pattern (the lower of those long horizontal lines).
Just think of all the sectors that were created over the past decade that were supposed to be revolutionary. 3-D Printing. Gene Editing. More recently, flying cars. And, in FVRR’s case, “the gig economy.” Do you remember how many zillions of articles and interviews were pushed out related to the gig economy? And yet here we are. Hey, at least we can count on AI to safe us all now.
