Here’s today’s swing-trading watch-list:
Long McGraw Hill Financial (MHFI)
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.
Before This Year is Over
I firmly believe we are going to see a surge in the VIX to the mid-20s. Until then, I am shorting, and shorting, and then shorting some more. If and when we reach the happy day when something resembling the chart below is realized, I shall finally cover.
Big Blew It
It’s a strange world we live in that has a company like Facebook as a steady, consistent, rock-solid performer whereas International Business Machines has become the unreliable, flaky stock that likes to make huge price gaps based on earnings surprises. But that’s the truth. The big drop IBM took last October took nine months to heal (see arrows). That healing is for naught, because the moment the opening bell rings, IBM is going to be down at Greek crisis lows, and I suspect a new direction will be in force for the stock.
