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.

Buy-Curious

By -

On Wednesday, I bought FNGD, the triple–bearish ETF based on the FAANG stocks. That decision was kind of bonkers, but the amazing things is that even though the market raged higher due to Trump’s TACO, I intended the day with a profitable position! I would like to particularly point out the massive increase in volume lately. It seems to me that the volume on Wednesday was a new record.

Putting this another way, if this was just a normal stock, it looks like an absolutely textbook example of the sort of thing you’d want to buy hand over fist.

MSTR Trade Plan (by Xerxes)

By -

These are interesting days we are living in, there is no doubt about it. The TACO trade has come and gone for this week. While I can’t say how the overall market will take this (it’s been saved from a plunge in the current week, but still chopping near important zones), I can say that it had little impact on my bearish outlook for BTC and MSTR. There is not too much new information on the fundamentals of my trade (BTC weak, MSTR weaker), I wanted to provide my trade plan on how I am approaching this since I am jumping back in short after getting shaken out.

BTC Daily.
(more…)