Starting in October 2016, I pointed to Chicago Bridge as a fantastic head and shoulders pattern. Here’s one of the earlier charts I offered:
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.
Tim Goes Hip Hop
Well, it’s a beautiful day, isn’t it? I am holding a butcher knife, crimson with blood, and the bodies of equity bulls are strewn about me. Make every day for the next 8 years just like today, and I’ll call it even.
Since I have absolutely no buying power left, I’m just having fun. Hamilton has definitely renewed my interest in music – – so much so that I’ve taken up the guitar again (hence the callouses on my fingertips, to match my heart). Enjoy:
Is This As Good As It’s Going to Get?
As delighted as I am at the misery being pushed into the faces of bulls everywhere, I will collectively caution the good guys (that would be us……..) that the intraday VIX typically peaks, oh, about where we’re at right now. Of course, my soul is so far-gone at this point, I’m ready to hand our nuclear codes to fat-boy…………so we’ll see if this is yet another VIX flip or if we’re actually going to finally see some real action for the first time in eight years. I’m maxed out (no more buying power) so have no more trades I can possibly place.
Slope Bombs
Now that this stupid market is finally turning south, I am super busy – – but I at least wanted to mention lately there are more and more instances of Slope ideas getting nuked by 20% or 25% or thereabouts. These are favorites of mine, of course. For instance, there’s Nevsun Resources:
Chewing Guam
As the rhetoric between the two rather touchy world leaders continues, equity markets are slowly easing down to levels which, if broken, which set off the next round of fear. While crude oil and gold are rock solid right now, the wonderful world of unicorn-land is looking less stable:
