Facebook (FB) head and shoulders pattern read to confirm.
At $46.75, I ‘m looking for a move down into the $42’s. (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.
Finance Breakout Worrisome for Bears
Since I don’t want to jinx anything, I’ll put up a “one day does not a bear market break” post. Unless XLF breaks beneath its horizontal breakout level, bears are still very much vulnerable and must remain on the defensive.
Perspective Paid
A month ago, I wrote that SuperValu Requires Perspective. It has slumped about 20% in that short span of time, and I think over the long haul, it will continue to grind much, much lower. (more…)
NFLX: RED is the New GREEN
NFLX (Netflix Inc) remains well below the top of the massive bearish engulfing topping candlestick put in nearly a month ago with the stock limping along the uptrend line generated off the June 25th lows. I realize that most have lost the will to short this market nor do we have any solid sell signals or trend reversals in place in the broad market yet.
Tesla Reveals Fate of MoMo Traders
