February has been a wretched month for the bears (dare I use the plural anymore?). Let’s review where things stand as of Tuesday’s close. We’ve got a NASDAQ Composite which has broken out of a cleanly-defined range:
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.
Well, “old faithful”, the trendline that’s been supporting triple-bearish-ETF “DUST” for the past couple of years, continues to do a yeoman’s job. Although the price mushed a little beneath its trendline most recently, it certainly provided a reliable bounce:
Here’s today’s swing-trading watch-list:
Long Medtronic (MDT)