Here’s today’s swing-trading watch-list:
Short SunEdison (SUNE)
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.
VXX Watch
It looks like we have another VXX shorting opportunity ahead of us. VXX touched the top of its downward sloping channel and fell away. If it breaks below that trend line we are set up for a nice trade. However, if we push higher this week, we are setting up for a very nice short trade.
VXX struggles outside of its channel.
Whiplash Decline
Another whiplash day on Friday with a strong rally to 1986. That looked more bullish than it should have done because, rather than rally in the morning and close weak, the rally was in the afternoon and closed strong. Nonetheless the high was in the 1980-9 target range I gave in the morning, and anyone buying that high on Friday afternoon is very heavily down so far this morning. SPX daily chart:
It’s Not a Fight, and I’m Not Your Captive
I have spent the entire weekend driving my beloved children to various and sundry events, and I’m ready to relax in preparation for an exciting trading week ahead. I’m getting bombarded with emails about nonsense and fights breaking out in comments. I have neither the mental nor emotional energy to play school marm right now, so I’m just going to shove in this music video from the 80s as a comment cleaner/resetter (plus, the drummer is righteously cool). Here’s the “real” Sunday evening post that BDI did, if you missed it.
