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 haven’t had success with Royal Carribean (RCL) in the past, but this morning represents a rare success story. I shorted a substantial quantity (yes, shorted, not options) early this morning, and for whatever reason the stock began plunging.
All week long, I’ve put my little hands on my little hips and have pointed out the critical nature of the resistance trendlines across the semiconductor sector. I’m relieved and pleased to see this paying off with my put positions. Good Lord.
I’ve mentioned the appeal of going short Brazil (by way of the EWZ option) many times this month. I’m pleased to see this thing finally reversed hard on Wednesday and added to those losses today.
It seems to me that Tesla (TSLA) has a very clear path to challenging its lifetime high, established three long years ago.
The reasons?
Well, THIS one stings.
Back on October 7th, I made PDD my favorite choice for shorting Chinese stocks. I bought the January puts. I sold them on October 28th, patting myself on the back for good profits. Well, this sucker just kept falling, and it sealed up its price gap to the PENNY on Thursday. Simply stated, it fell a full $50 from my idea to Thursday, with barely a fight along the way. Argh!!
