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.

Looking For Tops is as Easy as 1-2-3

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VS Bruins_Jan3_02 Whether or not the overall market is currently making a top is debatable and something I will discuss in this weekend's newsletter (make sure you sign up on the blog's homepage).  Nonetheless, I thought tonight's blog could discuss what investors should be looking for when analyzing charts as this could  help investors in the days ahead.

Tops in stocks and markets are almost always a somewhat long drawn-out process.   Therefore, there are often plenty of pitfalls for investors who often get sucked into believing that a short-period of weakness/retracement was  in fact the actual "top".  Investors of all stripes are often too quick in trying to protect hard earned gains and more times than not, all they end up doing is selling their positions out well before their investment reaches the real end to its current trend/move.

 

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Devolved Bar

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I'm going to break with the Friday afternoon tradition of trying to find a fashionable-looking bar image and instead offer up some Devo. This is, as any Sloper worth his salt knows, a favorite band of mine, and I've been listening to them all day. Listen to it in the background, or if you want, watch the video as well. You'll be amazed what they were able to do 25  years ago. Have a good weekend.

 

Fashion Finally Pays

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Over the past months, few sectors have fooled me as badly as speciality retailers. I have tried shorting them – – TIF, WSM, JNY, LIZ – – you name it – – over and over, and each time they seemed to puke to new highs.

It seems perhaps the trend has, at last, changed. My retail plays are starting to work out, and today's plunge in LIZ seems to be encouraging other specialty retailers to join "suit". Heh.

Anyway, here's another favorite:

0107-jny

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