I have written from time to time about the ill-fated musical Capeman (written by Paul Simon). Here is a rare live performance of one of my favorite songs from it:
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.
The Blooper Reel
Tom Sosnoff has played a pretty big role in my life, and in advance of his 61st birthday today, a bunch of folks participated in a series of videos for him. My favorite part was the “blooper reel”, which is shown below (and, yes, I’ve owned that t-shirt for a few months, but this is the first chance I’ve had to put it to good use):
Life Is What Happens ……
……… While You Are Busy Making Other Plans – Allen Saunders
The ideal day for the bears today, after yesterday’s strong break over the daily middle band, would have been an AM high in the 2735-40 range on ES, then a break and conversion to resistance of 2716 on ES, and a trend day down closing the day well under the daily middle band in the 2700 area and delivering a very bearish daily middle band rejection candle.
The high this morning was low, not retesting the globex high on ES and not setting any decent hourly sell signals brewing. 2716 was then slowly converted to resistance, a process requiring a break of the level, a backtest that holds that level and then continuation in the direction of the break, but then ES found support at the weekly pivot at 2709, rejected back over 2716, reconverted that to support and continued up. This has more or less eliminated the possibility of seeing a rejection candle today, subject to presidential comments of course, (more…)
Inhospitable
One of my short positions is Hospitality Properties Trust, which has a very clean topping pattern and looks like it is on its way to a trendline failure:
