It’s amazing how quickly “fad” stocks can get trashed. Look no farther than Advanced Cannabis, which was riding the coattails of the legalized pot craze. What a downer, man!
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.
Harry Boxer’s Charts of the Day
A Plea for Civility
Note from Tim: Five-Star Sloper Iggy wrote and asked that I publish the item below. There’s a naughty word or two, so steel yourself – – but I wanted to present it unedited. I’ll say only this: I’ve been online since 1981 (longer than some of you have even lived), and I understand the nature of online interactions very deeply. My belief is that the horrendous tug-of-war going on in the market is fraying nerves and causing fistfights. I appreciate Iggy’s insistence on decent and civil discourse within the hallowed halls of the Slope of Hope: (more…)
Significant Bull Fail
I was saying yesterday morning that the bears needed a fast and hard rejection at the SPX 50 hour MA, and that’s exactly what we saw. That was a serious bull fail, but they could still repair the damage by breaking back over the 50 hour MA with confidence, and that closed at 1883.30 yesterday. SPX 60min chart:
