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.
When Peloton had its IPO last year, it seemed to do well at first, but then it really started to flop. People wondered why a stationary bike company should be so richly-valued, plus it got a lot of backlash from its sole commercial, which people took as sexist. PTON got a lot of publicity, but not really the kind it wanted.
We haven’t mentioned Beyond Meat (BYND) in ages. This company had a spectacular IPO, then it flamed out. It flopped around at its lows, but then, much like with Zoom, Covid saved the day. The last time a saucer pattern like this formed, it was quite a fake-out. And, frankly, even in oh-so-hip Palo Alto, I see very little of this product at Whole Foods, and it’s just kind of buried next to Kim Chi and other stuff hardly anyone purchases.
Here are a couple of excellent long ideas with superb volume strength recently, which is just what the doctor ordered when it comes to stocks breaking to lifetime highs.
Both of these have been mentioned over the course of 2020 and continue to do well; I guess not everyone involved with cutting-edge energy is another Nikola. These are well-formed bullish patterns:
