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.
Candidates for a Breakout
Capital One Financial Corporation (COF)
If Stocks Could Talk
Now that Dennis has declared energy stocks to be one of his top picks for the rest of the year, and given crude oil’s enormous blast-off lately, I think it’s time for some symbols to utter some masochistic suggestions.
V Profile Day
I’m not feeling well today so I might go back to bed after I post this.
The cycle trend day yesterday delivered the goods, and after the bears failed to manage a gap down yesterday morning, that was a strong bounce off the rising wedge support that was tested at the close on Friday.
Today is the other and less common type of day that Stan calls at the start of the week and this is a V profile day. There are 70% odds that the market will make a decent move in one direction this morning, and then reverse that move mostly or entirely this afternoon. The V can go either way with AM weakness followed by PM strength or vice-versa. Not seeing much sign of that first move so far today. If we don’t see a decent directional move in the morning then there can obviously be no V.
