If, one happy day, the world is engulfed in financial cataclysm and mayhem, we can remember back to the days when the turd-throwing apes at places like CNBC were pushing stories like this:
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.
I never seem to learn – – the moment this fellow says something, RUN the opposite direction. I stupidly held on to some energy shorts, with predictable results. On the brighter side, I got stopped out of DRIP yesterday morning (at a loss) and piled completely into QID, which is doing well.
I’m leading with the NDX and NQ charts this morning as they are driving the equities bus here. I posted my morning video for Daily Video Subscribers at theartofchart.net on twitter before the open and if you missed that you can see that here.
NDX broke back over the daily middle band on Friday and that break needed to be confirmed with another close over that on the next trading day, and NDX failed to deliver that yesterday, which was a bearish development. NDX daily chart: