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.
My speculation yesterday morning that SPX might well retest the ES weekly pivot at 1909 from the ES low for the day at 1865 proved to be right, and the possible H&S that I was speculating about in the morning has now made an ideal right shoulder high. You can see the setup on the 15min chart below. If this pattern completes and breaks down, then we should see the retest of the 1812 low in the next couple of weeks. SPX 15min chart:
Originally published at TheTechTrader.com.
This post is about reputation and its persistence………..especially if it’s a bad reputation. Companies have brands, and so do people. If you don’t think so, stop for a minute and consider the “Bill Cosby” brand. Five years ago, what kind of thoughts came about with that name? Oh, stuff like The Cosby Show, Jello-O Pudding Pops, Fat Albert, comedy, positive family role models, and so forth. How about now? Well, you can figure that out for yourself.
Likewise with the likes of Chipotle, which used to be the absolute darling of Wall Street until a very, very tiny little problem called e. coli showed up.
