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.

Long on TD Ameritrade at $15.35 (by Ryan Mallory)

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Rough day for the bulls (understatement) and so far it has managed to bounce off of those early morning lows and forming sort of a cup and handle pattern on the 5min SPX chart. 

So, let's tally it up for me on the day: I was knocked out of Agrium (AGU) at $93.7 for a 4.5% gain, sold Netflix (NFLX) at $79.45 for a -4% loss, sold Priceline (PCLN) at $659 for a 2.2% gain. 

I'm still hanging in there with MDT and Facebook (FB) is showing marginal losses on the day. 

As for TD Ameritrade (AMTD) – it is bouncing nicely off of major support levels, and with what appears to be, most of the day's risk behind us, this could provide a solid risk/reward opportunity. Anything into the $16's and I'll sell it before day's end (thought that would take a pretty significant rally), I plan to hold this stock overnight though. 

Here's the AMTD chart.

TDAmeritrade AMTD

Be sure to check-out Ryan's Blog at

Just Another Simple Chart of a Monetary Relic…

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I see analysis popping up out there refuting the bearish Descending Triangle view and in my opinion that is with good reason; it looks a lot more like a massive consolidation of previous bullishness than a topping pattern.

However, a common theme seems to be some kind of static about a QE3 'Super Sunday' (don't hold your breath) or some such noise and gold's imminent and preordained blast off, never to return to current levels as the 'banksters' take it higher and higher.  

A theme seems to be that now is the time to be bullish but I have also read within the same theme that we cannot be sure that the 'banksters' will not crash gold through support first, to totally eliminate the little guy before bringing it higher.