Well, as much of a kick Wednesday was, Thursday and Friday were kind of a drag. For a fresh perspective on the market, I decided to focus on sixty days of trading data using sixty-minute bar charts. They don’t vary that wildly, but hopefully they will give you (and me) a bit of insight into this often-perplexing market of ours. (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.
Profiting At The Bottom Line™
This month’s focus: Not Everyone Wants A Better System
Whether you manage or own a company. You’ll hear many complaints within all levels of business. Whether it be departments, customers, suppliers, or any others. Usually the first thing to be blamed is: “The system.” (more…)
Is This Wave IV?
With the market invalidating further downside with the move over 1642ES overnight, it opened the door to this move higher. However, we are still potentially on track for an ideal 5 wave structure to the downside, with this being a wave iv rise, in an a-b-c fashion. (more…)
Inside Bar
The lighted place you see in the middle of the photo is where I’m at. I’ve got to say, getting up at 3:30 in the morning to watch the markets kind of puts a dent in things, but otherwise things are going pretty nicely. I’ll manage to have a relaxing weekend, since the markets are kind enough to be closed Saturday and Sunday, and then one more goofy way-too-early day on Monday before I head home. Thanks, everyone, particularly to other contributors whose posts I’ll be publishing later.
Stage Stores Short
There are an intriguing number of head and shoulders patterns happening in the market these days. One of the cleaner ones is Stage Stores (about which I’ve heard nothing until I saw this chart). So…….here ya go:
