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.
Tapas and Tapering Bar
Two Months, One Thousand Percent
Feel like kicking yourself over an obscenely-profitable missed opportunity? Of course you do! This is breathtaking – – a gain of about one-thousand percent in just over two months time: (more…)
The Nikkei “Pop-and-Drop”
I last wrote about Japan’s Nikkei e-mini Futures Index (NDX) on February 8th.
Since then, price rallied a staggering 4850 points to a high of 16020 (reached earlier this week) and promptly dropped 2020 points as of 12:45 pm EST today (Friday), as shown on the Weekly chart below. You can see that this week’s candle is in the midst of forming an enormous outside bar, encompassing the past two weeks. This candle’s low of 14000 has hit a confluence zone of several external Fibonacci retracement levels. (more…)
Skank in the Tank for more Bank
I have an abiding affection for shorting Abercrombie & Fitch, and I have done quite a few posts about it. This morning brought the latest victory, as ANF tumbled about 10%, although it’s recovered a bit. I covered early today and will wait to re-enter at a better price. In my experience, this stock has been a pretty reliable instrument for the bears.
