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.
My big winner today is HNI Corporation (symbol HNI), which I’ve mentioned quite a bit, including just yesterday on my Tastytrade show. It has lost about a quarter of its value today, and judging from the prior massive gap down, it would seem to me the dropping is not through.
One of the most ironic posts on Slope must be the one I did just back in January called Bitcoin’s Massive Bullish Base, which featured this chart:
The entirety of the post’s text was as follows: “I’m not even going to try to understand the logic, but well-encrypted 1s and 0s of imaginary currency have formed an astonishingly-clean basing pattern, suggesting much higher prices ahead.”
One of my oft-mentioned retail shorts is getting zapped this morning, with Chico’s – – purveyor of fashion to women of a certain age – – off about nine percent. I think it’s got LOTS more to go.
I don’t think there’s ever been a single stock I’ve suggested as a short more than Finish Line (symbol FINL). My poor tastytrade viewers probably got sick to death of hearing about it, but it’s one of the most amazing topping patterns I’ve ever seen, and given how far it’s fallen, I doubt anyone’s bitching about my frequent mentionings of it.
One problem I’ve had as a trader is covering shorts too soon. One great example is Chicago Bridge & Iron, which I yammered on about endlessly as well. It did indeed fall hard, and I took my profits. The problem is……….it won’t stop falling.
