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.
Stan was suggesting in his post market video last night that today might be pretty quiet, and so it was. Lovely two way day for intraday trades and I had a very enjoyable trading day myself calling the move up and then the fail in the final hours, but nothing much happened from a swing trader perspective apart from compression for the next move, in a direction still to be determined.
Nothing of any significance happened on the SPX daily chart. SPX daily chart:
After reaching all-time highs earlier this year, Canada’s TSX Index has dropped to around the 15,250 level, as shown on the following Monthly chart…an important long-term major support/resistance level.
I wanted to follow up about my Sharing in Action post. In the post, I gave a real-life example of how the Publish/Share feature in SlopeCharts can help one uncover new ideas. Specifically, a Sloper named DoubleNaughtSPY had a watchlist with some interesting symbols I had never followed, including one i particular that caught my eye, FARM. Thus, I shorted 700 shares of it at the point where the arrow is marked.
I have made no secret of my disdain for Theranos and Elizabeth “Crazy Eyes” Holmes by way of these six past posts. While driving through town, I passed by the gorgeous and expensive Theranos building, and yesterday I decided to swing into the parking lot. I was curious, because the one and only other time I had been there, it was totally empty, which I found bizarre for a weekday. But I swung into again and…………
