A reminder: this weekend I’m offering signed copies of my new book (Panic, Prosperity, Progress) with FREE shipping https://slopeofhope.com/socialtrade/shop/book-free-shipping. To continue with my favorite short charts………. (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.
Skyfall
Happy weekend Slopers! I do love Tennessee in the spring and fall. We hit the 70’s this week, and the Rev was rollin’ with the sunroof open for the first time in months.
Let’s take a look at key fundamental drivers first, before we examine the technicals. At this point I would distinguish the market’s key drivers, in order of importance, as: (more…)
Lucky Twenty-One (First Seven)
Last week, the Dow Industrials fell all five days. All. Five. Days. That seems like science fiction, doesn’t it? Well, it should, because it hasn’t happened in nearly two freaking years.
But we’re still only 2.5% below the highest point the Dow reached in the history of the universe, so I hardly think we’re done. I still think we’re overvalued by about 10,000 Dow points, but hey, that’s just me. We have to take things slowly.
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Swing Trading Watch-List: F, SU, EMR, SINA, FOE
Are You Buying The Dip? (Avi Gilburt)
On Wednesday night I noted: “The bounce this morning is most likely a corrective bounce in an a-wave, which still needs a c-wave higher to complete the red (b) wave. So, unless I see something different into tomorrow, I am expecting the market to resolve this pattern lower over the next week. Hopefully, it can also break the cited support to make it more clear that the larger degree correction is upon us.” (more…)
