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.
Yesterday, one of my bearish positions, SMCI, blasted higher pre-market (red circle). I couldn’t do anything about my options until the open, and mercifully, the stock immediately resumed its fall. I closed PART of my position at a good price (green circle). This morning, since SMCI was the #1 gainer with an enormous lift thanks for them filling out some paperwork on time, I RE-LOADED the full position (purple circle).
It isn’t absolutely pristine, but there’s a rather well-formed head and shoulders top on Home Depot right now. They’re going to have to sell a lot of screws and washers to justify their valuation.
