In a desperate attempt to spray cold water all over this hot stock market, I offer to you below a variety of prospective bullish positions drawn from my Recent watch list.
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Base Jumpers
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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.
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Snap Up
There are very few stocks that are forming truly bullish patterns, but Snap, Inc. (SNAP) appears to be one of them. I’m not touching it, but I at least wanted to share this rounded bottom which is nearing completion.
Game Over, Man
Gamestop (GME), the perpetual favorite of WSB fanboys everywhere, roared higher after earnings. I had no position, no do I intend to have one, but even last night I was confident the trendline was provide firm resistance, and it certainly did.
Buy IBM (by Xerxes)
Not sure if this is worthy of a full post, but since I rarely seem to have many long ideas AND since I have been banging the table on how well my IBM short idea had been working out so far, I thought it appropriate to announce my assessment that the short trade is done on this. It looks like it is worth getting long (in the short-term at least).
The Flight to Safety
I’ve got to say, I was wrong about crypto – – or, more specifically, wrong about Bitcoin and Ethereum. To be clear, I still think crypto is useless, but maybe we’ve found a very specific niche case where it excels: that is to say, a reliable safe haven for fixed assets (a digital gold, some have called it). There’s no arguing with the stellar performance of Bitcoin this year………..
