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.
Fed Reserve Primer
No Fear
I often liken stock market predictions to weather forecasting. A
meteorologist can tell you what the weather will be like tomorrow with a
very high degree of certainty. However, as the forecast is extended in
time, the accuracy diminishes. Trying to forecast what the weather
will be like anything more than a few weeks out, other than
incorporating the typical seasonal patterns is basically a crap-shoot.
The same holds true when using technical and even fundamental analysis
to forecast future prices in individual stocks or the stock market
although I do believe that the charts, combined with the study of the
business cycle and other macro-economics, do allow us to make
potentially accurate longer-term predictions.
Shorting CLNE (by Ryan Mallory)
I've taken a short trade in CLNE at $12.88. The stock has a higher level of risk from the stand point of holding it overnight, as it has had the tendency to gap some of late. However, this stock is running slap-dab right intoresistance at around the $13 level as you can see below. My stop is at 13.45 which gives me about 4% for a stop-loss, which is about the max I'm willing to go.
You'll see that a lot of this stock's movement is off of Cramer's pumping of this stock and a few other favorable articles, but once that pump subsides, it should make a nice move lower.
Here's the short setup that I took in CLNE
Check out more of Ryan's short strategies at SharePlanner.com
Sargon, Hammurabi, Ashurbanipal, and Gilgamesh
Below is a favorite song of mine from a favorite group of mine. What, you have something better to do with your time? Oh, like listen to Obama. So sorry. You go do that. The rest of us will be here enjoying cool music without you.