BANG! As God intended. I’m out, profits stuffed into my front right pocket.
Tesla Target Tagged
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.
Turnabout Is Fair Play
We are only 90 minutes into the trading day, and what a breath of fresh air it has been. Best day I’ve had in literally weeks. We can see here how the /ES reached escape velocity over its lifetime resistance line and then failed.
Final Four
Well, I scurried out of my QQQ 0DTE puts early this morning at a profit. It just ain’t me, guys. I’m not cut out for the 0DTE world. Maybe I’m too old. The fuddy-duddy, doesn’t-expire-for-months is more my scene. Having said that, I’ve just acquired four more put positions with expiration days at least 84 days from now:
Utilities Cruising Along
It isn’t often that my ideas nail an exact top or bottom, but this is an exception: on December 14 of last year, I did a Premium post cleverly titled Utilities, Utilities, Utilities, and at the time I wrote quite plainly, “My view is that this sucker is about to roll over in a massive way.” Let’s see how that worked out:
Swap Meet
On Sunday, the Federal Reserve panicked (again) and began their latest scheme (again) to desperately prop up the laughably overvalued stock market (again). I tweeted the following as the /ES was up about 30 points and all assets were exploding higher:
