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.

Stocks That Only Go Up (by Ryan Mallory)

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This here happens to be one of my favorite stock screens that I
run, that's because the stocks below, represent some of the most
technically sound companies being traded today. These stocks have
managed to keep their uptrend intact despite market conditions that has
been quite volatile of late, and when they do pull back from time to
time, they are quick to recover.

As for the groupings below, tech seems to have the greatest
representations followed by retail and then credit services. The two
stocks that stick out the most to me is the Liberty Media Stocks
(LCAPA) and (LSTZA). I have actually never heard of these stocks, but
they are definitely worth keeping an eye on as they appear to be solid
companies.

Originally Posted on my blog at SharePlanner.com

Mid-Day Minute: YCS

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Apart from the fact that apparently the equity market never goes down anymore, the potentially most exciting technical set-up is selling YEN (buying USD/YEN) or being long, or adding to longs, in the UltraShort Yen ProShares (NYSE: YCS).

For the last couple sessions the dollar has been unable to sustain beneath 90.00, which also happens to coincide with the flattening 50 EMA at 90.16. The ability of the USD/YEN to consolidate at or above 90.00 is a very positive technical sign within the larger basing pattern that started during Q4 2009.

From a nearer-term perspective, now that the USD/YEN has climbed above yesterday's high at 90.68, the price structure should follow-through towards a confrontation with key medium-term resistance at 91.60/90 — ahead of a potentially explosive upside breakout for the dollar (much lower Yen for a change). The technical situation is telling me to add to our long model portfolio position in the YCS in the upcoming hours.

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