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.
So much for Elon taking over the government for his personal benefit. His net worth is down way more than a tenth of a trillion dollars, and TSLA, of which he is the largest shareholder, is down more than 50% in just months. There seems to be no bottom at this point, considering how the Fibs keep failing.
I organize my trading world by way of the watch lists in SlopeCharts. I have one list called Bear Pen, which is where I keep all the equities that I believe are good short candidates. When I create actual positions, I do not remove them from the Bear Pen but instead put the same symbols in a different watch list called X-Puts.
There is almost always a set of leftover symbols in the Bear Pen which are promising shorts but, for one reason or another, aren’t live positions yet. Below are those seven symbols and a few words about why they aren’t actual positions at this time.
The first of these is Advanced Micro Devices, which threw off good profits for me, but which is so horribly oversold that I don’t want to stick with it. If the semi sector gets a big bounce, I’ll cheerfully go back in.
NYUGrad makes an excellent point: I’m giving away WAY too much high-value content. The video below is visible to all paying members. I’d love for you to join us.
There’s seriously no place to hide. Even the “blue chip” Netflix (NFLX) has had about 20% of its market cap destroyed in a matter of days. Maybe they need to produce more dramas about the Kings of England with an entirely black, crippled cast.
Albermarle (ALB) is a stock I suggested shorting in the autumn of 2023. It has been slow going, but it has ground its way down to its major trendline.
