I am preparing to leave on a five-day journey, so I’ll go ahead and deploy this for the first day of the year. I have reached out to a few of the most prolific writers that occasionally contribute to Slope, beseeching them to add content in my absence. I’ll do my best to get their stuff posted in a relatively timely manner before things return to “normal” for me on Monday, January 6th. (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.
New Year’s Bar
Measured Move for Dow Industrials
Penn Virginia, shown below, is one of my open positions on the short side. The pattern has a fascinating “mirror” quality to it on opposite sides of the line I’ve drawn. I’ve tightened my stop to 9.68, and I think a couple of more dollars in downside (which is nearly 20%) is in the cards.