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.

Weekly Sector Report | 02/04/11 (by Leisa)

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The bulls found their footing after stumbling the previous Friday. The broad market sector was up 2.75% Here's how the cylinders were firing on the markets' engine (click all images for enhanced viewing):

Moving to the industry level, here are the Top 10 Best/Worst performers:

The sharks are swimming in the current areas:

We close with the broad market index:

With this week's close, it has poked its price nose above the long volume bar that has previously acted as resistance. As usual, I have created a full report for you:

SPY Daily Recap (by Leaf West)

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Phoenix_04 Today was an important day with the pre-market release of the employment numbers … the report was a bit of a dud and it was quickly blamed on the weather.  The market took it in stride and all things pointed to the market being in a relatively positive mood for the day. (read my pre-market blog). 

My plan was to play for long scalps off of support areas and to not chase the SPY if it made new highs.  I didn’t think that there was enough “news” to provide the fuel for a real “gap & go” scenario so the high percentage trade was to sell resistance and buy support.

Let’s do this …