Daily Archives: June 6, 2017

Retailpalooza

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Although the market in general has been steadily making never-before-seen highs this year, I have been doing pretty well with my nothing-but-shorts trading. A few sectors of special concentration for me have been energy, financials, and retail.

This last one in particular did nicely for me today, as a variety of shorts were smashed by Macy’s. Looking at the big ETF retail fund below, you can see the topping pattern is still forming, although there is a pattern-within-a-pattern tinted in green that’s very close to failing.

0606-XRT

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I’m Inclined to Agree

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We recently added the ability for SlopeCharts to tweet out charts. One user made good use of the feature, and I told him it was a nice-looking chart. I was very pleased at his response:

0606-copmliment

The reason it’s the best isn’t because of the time I’ve had to work on it (I’ve only started) or the money behind it (which is basically nothing). It has the most nauseating, but truthful ingredient of all: love. Because I care deeply about this stuff and, frankly, the vast majority of other charting vendors seriously don’t give a flying crap, whereas I do.

Just remember: Tim gives a flying crap.

Joking aside, I manage a seven-figure portfolio using ONE and ONLY one tool: my beloved SlopeCharts. So if I trust it this much, maybe you should consider paying up the $0.00 I demand for it and try it too. There aren’t even ads on the freakin’ page, baby.