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.
Big Picture Unchanged
Trump and Tariffs
In my post on Wednesday 19th Feb I was looking at the very nice looking topping setups on SPX, QQQ and DIA and somewhat less nice topping setup on IWM, and in my post yesterday I reviewed those, which have now all broken down with the exception of the big double top pattern on DIA.
I don’t discuss politics much generally but given the news bomb action we have seen in recent weeks and the rapid changes we are seeing in the economic and political structure of the world around us this year, I want to talk briefly about Trump and the tariffs that he is currently very keen on imposing on many or all of those who trade with the US.
(more…)2025’s Winners and Losers
Check out Tesla, which last year was white hot – – it’s a total piece of dog crap now.
Tweaks and Geeks
A cheerful morning to you all! I wanted to bring you up to date on my own positioning. I sold my SMH calls yesterday afternoon at a decent profit (and before the end-of-day price plunge, which was nothing but good luck on my part). I still think semis could be in for a good counter-trend rally, but I honestly didn’t want to stick around.
I also covered my way-too-large XLU short for great profits, although I have retained my NEE puts for the longer haul. NEE is a major utility, so it’s a similar trade, and I think the setup is a beauty.
