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.
Everything I’ve got to say about the market can be expressed in one chart. For those of you who are a little new to these home electronic computing devices, click on the chart for a big version. (The Fibonacci fan lines shown are anchored to March 10, 1937……….so this is a long-term view, to say the least). (more…)
Watching the latest move in the financial markets reminded me of similar events that seem to be lost when having any discussion about business, finances, and more.
Using the markets as of this past Friday. (that being Oct. 18, 2013) The S&P 500® has reached a level so high, it has never before been seen in the history of financial markets. Ever. (more…)
Although many of my medium charts continue to point upward I am starting to sense a growing disturbance in the force which concerns me. Now let me present my case with a caveat: By no means am I suggesting that we’re going to turn tomorrow. I think you all understand at this point that equities have acquired the potential to happily bubble higher on vapor. However, that said – if you are net long at this point then you may want to start tightening your stops a little. (more…)
Today’s swing trades: 3 longs and 1 short setup for today. Later today I’ll be publishing my bullish watch-list, followed by tomorrow’s short watch-list. (more…)
I’ve recently been shorting from the list of stocks that I told myself I would never, ever short. For instance, I shorted decent-but-not-that-great burrito-maker Chipotle this morning. Why? Well, the earnings risk is certainly out of the way. That pop has a good chance of deflating at least down to the breakout point. (more…)