Originally published on TheTechTrader.com.
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.
Pier One: One of Slope’s Better Shorts
Tis The Season
The bulls put in a very strong day yesterday and, so far at least, the post-Xmas Santa Rally is intact. Bulls have the advantage today unless the bears can really impress. That would need a break below 2065 SPX this morning for me really & that would be the 2055/6 area on ES.
Xmas isn’t just a season of cheer and bullish tape however, it is also a season of colds. I have a mild cold, my trading bud Mike Vacchi at Princeton Trader has a worse one, and my collaborator Stan Nabozny at theartofchart.net has the worst, having lost his voice altogether overnight, so I did my first ever solo Chart Chat this morning.
A Note of Caution (by Bob Kudla)
Just Two More Days
As I wrote on Christmas Eve, my plan was to ride out the last four trading days of the year without any positions. It’s been pretty agonizing, because I am dying to get very aggressively positioned, and in spite of the market’s surge lately, a lot of my best short picks are falling to pieces. All the same, I am gritting my teeth and counting the hours until this year is over. Just two days to go.
The Dow Composite is still tracing out a series of lower highs.
