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.
I’ll Take It
Well, I’d say I got it pretty right. Both here, and on tastytrade, I said that Apple was an inscrutable bore and that Amazon had a chance for a tumble. We got ’em both. And, of course, this was a widely-anticipated event.
Oh. My. God.
Greetings from a parking lot. I’m alone, unless you count Rolo the dog. My trading day had a nuclear bomb thrown in it due to family obligations, and as Claws mentioned, “Tim is missing all the fun.” Anyway, while in this car, I pulled up this chart of the /ES, and I just about crapped my khakis.
We Got Our 3500
So as rotten as it is that the market is exploding higher, in spite of a bear-friendly CPI, I would like to take a brief victory lap that my ceaselessly-cited 3500 target on the S&P was achieved. I would further like to note that the last time a major Fibonacci was hit (see yellow tint) the market rallied for over a week, stalled, and then rolled over. With nothing but 2023 puts at this point, I’m OK waiting.
One of the Calls of the Year
There’s not much else to say. My Tesla short idea from just last Thursday has been nothing less than spectacular.
For you PREMIUM members who have made a fortune on this, I respectfully suggest consider taking some profits, as we are approaching major Fibonacci support.
