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.
The Zone
Could FAS Be Breaking Out?
It's important to keep an open mind to the markets, even when an insight may be contrary to an existing position. I have a bunch of FAZ right now (double-bearish on financials), but its dopperganger symbol, FAS, looks like it might have done a clean breakout above its descending channel.
A move above 5.90 would be bullish for this vehicle. For myself, my FAZ stop is quite predictable – – 32.56.
Morning Munificence
Here are a variety of short ideas with my own stops:
AXYS 43
CXW 15.70
EOG 71.73
FCX 38.44
FPL 54
GIS 55.23
HANS 37.94
HES 63.29
JPM 25.28
JWN 16.15
MO 17.30
MRK 30.43
POT 95.47
TNH 135.83
ACGL 57.01
AGN 44.21
AMG 49.57
CSC 40.89
DIOD 11.34
DNR 15.51
IRM 25.67
JRCC 17.03
LNT 23.91
MICC 47.27
NBL 58.25
RCII 19.63
SMG 35.88
Low Plateau
I'm going through charts with All Daily History now, which means I am seeing them back to the late 1960s (or whenever they went public). One thing that strikes me is just how far some stocks could still fall during a protracted bear market. Apple, for example, could conceivably go back into the high teens. Impossible, you say? That's not a word you should use during a market like this.
