Just a short post today as it is a holiday here in the UK today. SPX broke up over 1660 on Friday, so the bottoming pattern is a double-bottom with a technical target in the 1680 area. The real target however is declining (channel) resistance from the high, at 1680 at the moment but declining of course. The SPX daily middle bollinger band is also currently at 1680. SPX 60min chart: (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.
Sunday Shorts (Part Two of Two)
A nice, simple post – – my basic set of favorite short positions which, as usual, should be relatively self-explanatory (this is the second of two parts, since I had so many to share): (more…)
Sunday Shorts (Part One of Two)
A nice, simple post – – my basic set of favorite short positions which, as usual, should be relatively self-explanatory (this is the first of two parts, since I had so many to share): (more…)
Turn Around vs Merry Go Round
The news is awash with the disastrous happenings to befell on some of the nation’s oldest, and at one time, most trusted brand names. i.e., JC Penny®, Sears®, HP®, Microsoft®, and others. Understanding what needs to be the next move for each is not only formidable; it may just be terminal. (more…)
