I’ve contrasted this with the SPY; I leave it to you to draw your own conclusion!
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.
Doodled Megaphone
Yesterday morning SPX gapped over the 50 hour MA at 1843, double-bottom resistance at 1844, and the 50 DMA and falling channel resistance at 1847. Those held as support for the rest of the day and the opening gap didn’t fill, so as long as they hold as support this morning the next step is to proceed towards the double-bottom target at 1873, in effect a test of the last rally high at 1872.53. SPX 60min chart:
Janet Versus Reality
Swing Trading Watch-List: SAVE, AER, AA, EXH, FWLT
How Times Change
I’m a big fan of Silicon Valley history. Even though I only live a few miles from where the Byte Shop was originally located in 1976, I had never bothered looking up its address. For those who don’t know, the Byte Shop was pretty much the first personal computer store anywhere, and they were the first buyer of Apple products (specifically, 50 Apple I motherboards). Here’s what it looked like:
