I stated clearly how important NVDA was to today. Well, it terrified us all to death, but it did NOT cross the line, and today is looking awfully good again!
Too Close a Shave!
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.
Six Glorious Holes
Fibby Fibby Bang Bang
How relieved I am to have had the good sense to detect that, considering how a certain person was being a total douchenozzle privately this weekend, it meant something bad was coming. Yeah, I’m a chartist, but I’m also partly human. I can read people. TSLA is getting absolutely bombed, and I’m delighted my family can stand at a safe distance and watch the carnage. Those Fibonaccis have been working beautifully for MONTHS.
My Way and the Highway
Things have changed very swiftly. Just seven days ago, it looked like this market would just go to 100,000 on the Dow without interruption, and all hope would be lost. As it is now, I think the price action forthcoming is going to make Tom Lee’s mascara run. It’s delicious.
Wh-UPS
From our “Try Not to Overthink Things” department, I offer you the following.
Yesterday, based upon the enormous and well-formed topping pattern in UPS, I decided to buy October $150 puts. I then noticed yesterday that UPS reported earnings this morning (if you need some help with the relationship between yesterday and today, I direct you to Ms. Harris), and that made me a little nervous, so I trimmed back my position a bit out of nothing but cowardice.
