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.

Twas (The Day Before) The Day Before Christmas and ….

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My expectations for the tape today aren’t high. Volume will be low and we may not see much of interest on any markets before next week. Indices might avoid the vague upward drift we see on days like this so often, but it’s unlikely there will be much in the way of nice intraday setups, and if you’ve been waiting for a low interest day to catch up on other work you’re a bit behind on, paperwork, or even just spend some quality hours watching paint dry, then this might be a good day to do that.

Still, here we are, and I did a premarket video today that I posted on my twitter at the open. If you missed that then you can see that here. If the tape doesn’t do the holiday drift up or just stop moving altogether, I’m leaning modestly bearish as long TF stays under the weekly pivot at 1370.50.