Yesterday’s technical analysis victory (or, as Northman once rudely described it, “occasional winner”) was Iconix. Today’s is less dramatic, but a victory nonetheless: Flotek:
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.
Fall of an Icon
Iconix Group (symbol ICON) is a stock I mentioned so many times as a short idea, I stopped even saying anything since it got so repetitive. Today is finally went into a full-blown free-fall, as the clean topping pattern so plainly suggested. I can only hope the dozens of other fantastic short setups succumb to reality just like ICON did today:
Mid-Caps Finally Get a Wedgie
Oh What a Plus
I usually keep Slope+ posts and ideas behind the beautifully manicured topiary surrounding the
Slope+ garden, but I wanted to share a recent success story to illustrate (1) the kinds of cool ideas you non-plusers are missing (2) how I actually do, gasp, offer up long ideas (although, cough cough, this particular one was to go long a bearish fund).
On the morning of March 25, I published a post called Aggressive Long which suggested buying the symbol DUST to take advantage of what I felt would be weakness in precious metals miners. I’ve marked the approximate publication time below with a green arrow, and I’ve tinted beneath that the suggested stop loss of 14.76 (which was never hit).
