Long Titan International (TWI):
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.
As was the case last night, I have an in-town guest with whom I’ll be meeting all afternoon and evening, so I’m just going to toss out a post with some short ideas (not that there are actually any bears left…………but it provides a good giggle or two). Hats off to the bulls (again) for another record close virtually across the entire board of U.S. stock indexes. You have Yellen to thank.
Last night in the comments section, I asked if there was any special reason the ES was falling. The reply came that it was to “tease the bears” and that the ES would assuredly be green by today. Well – – right again, Slopers. (more…)
There’s another firm forming a sharp-looking topping pattern. I know that shorting anything in this environment can be frustrating, but, FWIW………a close below 38.07 would seal the deal: (more…)
This market is teaching some lessons that I think are harmful (but, in this environment, necessary). For example, this morning, I came into the day long a bunch of $RUT puts. I was delighted to see the ES down over 10 points before the market opened. It looked like a good day. (more…)
An all equities edition today as I’m suffering from a hard to shift cold and have made a slow start this morning. The H&S I was looking at yesterday formed and then broke down. ES didn’t make the H&S target yesterday but after a bounce that failed overnight at the 50 hour MA it made the target in the last hour. ES has formed a rough falling channel that looks bullish as long as it doesn’t break downwards, and the next move due within the channel is up into the low 1760s. If and when ES can break above the falling channel and recover over the 50 hour MA I’ll be looking for new highs shortly thereafter. ES 60min chart: (more…)