I’m going to step out for a little while, since Bernie Sanders is making his appearance in Palo Alto. I’ll be back later to do a post and report anything interesting or unusual.
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.
Swing Trading ORCL, YHOO, GPK, ITW, MCD
Bullish Stats Today
SPX finally delivered some retracement yesterday, the sell signals I was talking about in the morning all fixed, except on RUT, and rising wedge support on SPX was broken. The high for this move may well be in, though I’m very much wondering about a possible retest of the high and marginal higher high here. If so the LOD so far today at 2085 would be a natural place to start that move. SPX 60min chart:
Cheering Crude’s Collapse
OK, OK, it isn’t a “collapse”, but I like alliteration, and I needed a “C” word. Suffice it to say that I’m pleased crude has been weakening since twice hitting the +$50 mark.
Incidentally, Bernie Sanders is going to be here in Palo Alto today, and I’ll be going to the rally. I’ pretty excited about it. Bernie is, of course, the only moral person running for President. I firmly support him, and I would zealously applaud confiscatory taxes on all people except for financial bloggers, who I think should be given special dispensation given their marvelous contribution to society. Feel the Bern!
