The buzz on Slope today seemed to be "there's nothing going on in this market!" I'm inclined to agree. I just did some fine-tuning on my positions today (the usual shtick – – took partial profits on fat positions, tightened up stops, etc.) I'm using ProphetScan to smoke out any interesting opportunities I haven't uncovered yet. I will probably do a post later tonight.
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.
Short Ideas (3 of 3)
Short Ideas (2 of 3)
Short Ideas (1 of 3)
Support—>Resistance
Goodrich is a fine example of a stock whose former support level (41.53) is now resistance. This makes for a simple, low-risk trade.