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.

Separate but Equal

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I have never fully grasped the nature of the culture on Twitter. I am proud that I'm at just about 7,500 followers, but my number is dwarfed by those who seem to type nothing but nonsense. I just shrug it off; I'm happy for the world to pass me by in this respect.

I was reminded of this earlier today, since ZeroHedge linked to the term "$up". Out of curiousity, I clicked it and was presented with what I normally see when I venture anywhere outside the financial blogosphere of Twitter…….a bunch of ghetto-moron-slang-crap:

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Long & Short: AMZN & CRI (by Ryan Mallory)

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Very choppy day today and I don't expect to see much different as we head into the FOMC Statement tomorrow. For now, here are two great long and short setups that provide ideal risk/reward opportunities. 

The AMZN chart looks stellar to the upside as it pulls back to its previous breakout level, and a breakdown in CRI is just getting started. 

Here's the Lazy Trades:

Long: Amazon (AMZN)

Amazon AMZN

Short: Carters Inc. (CRI)

Carters CRI

Be sure to checkout Ryan's Blog at SharePlanner.com

Pennants and Flags (by Springheel Jack)

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SPX dropped a little yesterday, and that felt like the start of a retracement, but it didn't look much like it. On the SPX 15min chart it has formed a very nice bull pennant, though as both trendlines are declining it could be seen as a falling wedge indicating back to a test of the Monday high. Either way this looks short term bullish unless SPX can break below it, and indicates to at least a test of the highs if it breaks above:

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