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.
Get Ready to Reverse
Thousands of stocks, but only one matters. Tesla. I’m going to be an idiot and publish this just moments before a major economic data point.
Fork It
Target achieved.
A Diminishing Light (by Xerxes)
This is a short idea I came across by accident. I was looking at charts and came across this nice high priced but weak and toppy looking chart on both a Monthly and Weekly basis. This company “provides sequencing and array-based solutions for genetic and genomic analysis.” I can’t say much from a fundamental perspective as I am not familiar with the booming genome sequencing business, but all I can say is that trajectory has been down since 2021 and it can’t seem to get off the ground down here in the $200 area.
This has a rather high PE Ratio above 40 (not extreme, but also a bit bloated for the current market environment). Those weak stocks are my favorite to short because resistance just tends to hold so much more easily than trying to time the general market or market leaders.
(more…)Slum Burr Jay
I already had puts, but after SLB’s earnings, this still looks solid as a long-term short position.
