A few days ago I did my Easy Peasy, Shorty Squeezy post. Let’s just say – – another victory for SlopeCharts. There are quite a few beautiful analogs like this cooking out there. It’s a great time for charting!
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.
I’ve been touting HPQ as a short, including on my tastytrade show yesterday, and this one really blossomed this morning. I’ve tightened my stop to 17.05 and am hanging on to this. I think years of misery are ahead.(more…)
What a superb day. We were all worked up about Powell, but Powell didn’t mean dick. It’s all about China again. And as delighted as I am that bulls are losing money, we must keep in mind that this is still a series of higher lows. We must break the prior low to get some real action going.(more…)
My big winner this morning is DXC Technology. I’ve gone ahead and covered it for a great profit, although knowing me the damn thing will just keep plunging. Anyhow, it lost a third of its value instantly this morning.(more…)
Remember our old friend Beacon Roofing? I first started talking about this chap when it burst above its uptrend late in 2017. I think there was a lot of chatter about hurricanes, and people seemed to reach the conclusion that everyone would need a new roof. Since this hurricane-fueled mania, this sucker has been grinding lower, and I was delighted to see it plunged 20% this morning. Here is BECN:(more…)