Homebuilding is Doomed
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.
Huzzah, Humana!
Yet another victory for SlopeCharts. So-called “healthcare” companies are going to get a blowtorch to their eyeballs. Here is the wipeout in the ironically named Humana.
A Terribly Close Shave
All week long, I’ve put my little hands on my little hips and have pointed out the critical nature of the resistance trendlines across the semiconductor sector. I’m relieved and pleased to see this paying off with my put positions. Good Lord.
The Semi Trendlines
The semiconductor sector has enjoyed a counter-trend rally for a few days, but my conclusion is that the broken trendline, as before, represents an important reversal point for this sector.
The Next Leg Down
Well, semiconductors are once again my friend! It’s exciting, because the entire industry is starting to crumble. This is beautifully represented by my biggest position, SMH $265 puts. I’ve drawn a new rounded top to illustrate what has just happened this morning.
