A little late night music to break things up; I used to do cross country bicycling pretty seriously as a young person, and this was one of my favorite songs back then:
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.
In spite of today’s rally-from-nowhere, the Dow Transports continue to make obscene gestures toward the bulls and defy the retard-o-ramp. Soaring energy prices aren’t helping, but more importantly to my eyes is the pattern that is breaking down.
Here’s today’s swing-trading watch-list:
Short Paccar (PCAR)
An amazing drive up from the open today that has far move than wiped out any globex losses after the horrible NFP number on Friday. Tim Knight of www.slopeofhope.com tweeted out the following image that pretty much sums up the morning so far: