Bears have dominated the day today, though that hasn’t actually delivered a lot of downside on SPX or NDX. We may see a late rally into the close. Bigger picture this is day five of the daily upper band ride and if we see a weak close today and that follows through on Monday that would open a possible test of the daily middle band, currently at 2360. SPX daily chart:
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.
We all get these, but it doesn’t make them any less entertaining…
This time, Ms. Annette even carefully spelled out the ticker symbol – ya know, to make things easier for calling your broker.
From: Annette Meyer [mailto:Meyer0661@daekogslanger.dk]
Sent: Tuesday, April 25, 2017 4:09 AM
Subject: By tomorrow evening this stock will be twenty times higher
Did you read my urgent email yesterday?
During last Monday’s totally retarded French election rally, I was still brazen enough to suggest shorts, such as this one. Heh.
Suggested stop=42.93. Good luck!
I’ll just kick off today with a single, simple chart – – the NASDAQ e-mini futures, shown below. They have already benefitted from the full force of blow-out earnings from the likes of Amazon and Google, and yet all they’ve got to show for it is a doji shooting star at the crest of what is obviously a very swift ascent. I wouldn’t bank on much more upside here, folks. To put it kindly, the high-tech market seems fully-valued.