Further to my last Weekly Market Update, this week’s update will look at charts and percentage gained/lost graphs of the four Major Indices for the past week, month, and quarter (my Q1 2013 market wrap-up can be seen here). (more…)
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.
Trend Change or Bull Flag?
I find the ETF for financial stocks pretty interesting: long-term, the uptrend is quite clear, but in recent weeks, we’ve definitely been banging out a series of lower highs and lower lows. I guess the question is whether or not this designates a trend change or a continuation pattern. I’m ambivalent enough about it to simply move on to other items; there are plenty of other fish to fry. But I at least wanted to bring this to your attention, since your eyes might be better than mine! (more…)
Steady as She Goes (Down)
I’ve mentioned McDermott repeatedly here, and I shall do so again; it’s a terrific-looking short, and I’ve got not only a short equity position but puts as well. (more…)
Two out of Seventeen
I was just looking at the S&P on a quarterly basis. Since it looks like, yet again, we’re going to have another Fed-guaranteed “up” quarter for our precious bull friends, I was curious how many “good” quarters (e.g. real good slam-em-down events) we’ve have. The count? Two. Two out of Seventeen. Just over a tenth. It’s sort of like a tithe for the bears. (more…)