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.

Sea Change

By -

What Used to Reliably Move the Market Higher 

+ Europe announcing that it had saved the Euro;
1128-yellen

+ Bernanke giving a speech;

+ Obama reading his Telepromptr;

+ Apple announcing a new version of a product;

+ That disgusting skank Yellen opening up her filthy hole

What Now Precedes a Sharp Downturn

+ Europe announcing that it had saved the Euro;

+ Bernanke giving a speech;

+ Obama reading his Telepromptr;

+ Apple announcing a new version of a product;

+ That disgusting skank Yellen opening up her filthy hole

Downside Targets (by Springheel Jack)

By -

I was saying yesterday morning that the short term bear scenario seemed more likely to play out on balance, and it has been playing out since. I'm seeing some positive divergence on the ES 15min RSI and it's possible that a low is being made in the pre-market, but on balance it seems likely that we'll see lower today. On the daily chart I would ideally like to see SPX hold the middle bollinger band at 1394 on a closing basis for the bull case:

(more…)

Do NOT follow this link or you will be banned from the site!