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.
Will She Won’t She?
Very late post today as I’ve had a very bitty day. I’m heading out again as soon as I’ve posted this so I’ll be brief.
I mentioned yesterday morning that yesterday and today were both cycle trend days, meaning that there were 70% odds on each day that either buyers or sellers would dominate that day. Yesterday morning opened strongly for bulls, and then sellers dominated the day from the AM high. Today so far has been the mirror image, with bears opening strong and the rest of the day so far being dominated by buyers.
Swing Trading WDR TSU AME SIX ADSK
Northy NASDAQ
My trading friend (and, these days, shoulder to cry on) Northman Trader put up a Tech Dreck post which neatly shows the rot beneath the glowing surface of the NASDAQ. These charts all scream “poor breadth”, and if our bullish friends want to continue this nonsense into 2016, they’re going to need to see a lot more participation from stuff besides just the heroes of FANG. (Click any chart for a bigger version):
