One of my better performers today is Nabors Industries, which I shorted a little over a week ago when it broke its intermediate-term ascending trendline.
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.
When I went to bed last night, markets across the board were surging. Having broken about above its multi-week range, the ES was flying higher, and this morning I was bracing myself for a big green number. Instead, it seems the breakout has lost its verve, for now at least: