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.
I have an innate disdain for all pharmaceutical companies. They strike me as corrupt, bloated, and criminal beneficiaries of government stupidity. One of the biggest is Eli Lilly (LLY) which, as you can see from the long-term chart below, has done quite well sucking town hundreds of billions from the nitwitted government that showers them with cash every second of the day.
I don’t mess around with precious metals much, but today’s enormous rally has caught my attention.
The homebuilders (symbol XHB) looked appealing to me, so I acquired January $80 puts on them today at $5.15. There’s a tremendous amount of overhead supply as well as some key broken trendlines.
I had sort of forgotten this stock existed, but LZ mentioned Freeport McMoRan (FCX), and I found the symbol hiding in my “Miners” watch list. It is sporting what could turn out to be a beautiful diamond reversal pattern. I went ahead and bought $40 puts expiring on January 19th 2024.
