Here is today’s swing-trading watch-list:
Short Autodesk (ADSK)
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.
Dead Soldiers Stay Dead
“No bastard ever won a war by dying for his country. He won it by making the other poor dumb bastard die for his country.” -George S. Patton
Did you hear about that new medical invention that can now bring the dead back to life?! No? Oh, that’s because it doesn’t exist. Just like there is no way to bring the money we lost in a trade back into the account. Pardon the morbid start to this commentary but it is meant to shock us into paying attention to a very important point:
Small losses are better than large losses.
Bounced Czech
Greetings from Prague. I am utterly bleary-eyed from a very long airplane flight, plus I’m 9 hours ahead of my normal time zone. At this point, I find the toiletries provided by the hotel to be amusing – – it appears to be an ecstatic mole.
Swing Trading Watch-List: BBY, ADBE, MT, MGM, TXT
Bearish Setup – By ConvictScott
As all of you know I am probably the least bearish trader around. I am a trend following pattern trader. However, to all things a season, and it is the exact time for the bears to finally do some technical damage to the tape.
Why do I say this? Because as pullbacks have gotten shallower and shallower over the last few months volatility (real volatility in price right now, not the market take on implied future volatility in the VIX) has fallen to a historical extreme and then painted an uptick. I posted these two charts on Sunday and I think they are well worth a revisit.
