If there’s one thing I’ve taken notice of more and more; it’s they way people now dress. I can not believe how some people (a great many I will add) are leaving their homes dressed in attire that can easily be referred to as bed wear, along with absolutely outrageously bold or cartoonist flair. (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.
As long-time Slopers know, this site has far and away the highest-quality and most-active comment system of any financial blog. The comments system, custom-built at my direction for Slope, is awfully cool, but I recently added a feature that kicked it up another notch: notations. (more…)
Here’s today’s watch-list:
Long Denbury Resources (DNR)
SPX closed last week back above the weekly middle bollinger band and with a strong and rare reversal hammer weekly candlestick. In my weekend post, which you can see here, I looked at the history of these rare candlesticks om SPX going back to the beginning of 1974, and didn’t find any directly comparable candles that did not then continue up to the weekly upper bollinger band, currently at 1873. I am therefore treating last week’s low as the retracement low unless we see strong evidence to the contrary, which would need to start with a decline through strong support in the 1770-4 area. SPX weekly chart: (more…)
Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.