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.
Hey, first, let’s do a little experiment to see if Wall Street analysts have become any better at their well-paying jobs. Let’s take, for instance, Blue Apron, and see what the boys had to say:
OK. Currently not a single “sell”, and a solid ‘Hold” for the entire available history. How’s the stock doing? (more…)
The hourly buy signals on ES, NQ, SPX and NDX all reached target today and the RSI 5 buy signal on RUT has reached target as well. Only the hourly RSI 14 buy signal on RUT hasn’t yet reached target and that is weakened by fixing at the same time as the RSI 5 buy signal that has reached target. ES and SPX both had pattern targets in the 2725 area that have been reached, NDX/NQ and RUT/TF have reached minimum targets but could go a little higher on their reversal patterns.
We are expecting this to just be a rally before new 2018 lows and the next reversal back down should start soon, though very possibly from higher and not necessarily from a high made today. Intraday Video from theartofchart.net – Update on ES, NQ and TF: (more…)
Here are three ETFs well worth watching; I’ve already shorted two of them today.
Yeah, yeah. Big reversal. Particularly in real estate. But this is going to exhaust itself soon enough.