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.
Pre-Earnings Options Trades
From The Director: Tim and I are starting a new work on using options pre earnings to maximize the value of your options training. For these, we are utilizing Slopecharts to examine the relative price action prior to options activity. We are also backtesting our hypotheses into CMLViz, which is a great tool to help examine the promise of your options strategies. Please check it out here.
If enough interest we hope to offer a regular service and additional charts, depending again, on interest.
Slopecharts earnings price charts are only available through Diamond membership.
First, we take a look at MU (Micron), having earnings on Sept. 20th.
Tensile Town
Good morning, everyone, and a happy new week to you. And, unlike last week, we get a full five days out of this one. This is one of those stretches of the year (from now until Thanksgiving) when we won’t be interrupted with any more holidays.
It’s pretty much “green on the screen” pre-open today, with the ES, NQ, and crude oil all up about half a percent or so. It wasn’t exactly a news-rich weekend, and the first couple of trading days this week are devoid of anything substantial on the schedule.
The ES, shown below, continues to march higher. The only point of concern for the bulls should be that modest failed right triangle I’ve drawn. And I emphasize “modest”. The supporting uptrend is quite clearly intact, and I think it’ll take another shock-events, maybe from the world of the China/US trade war, to rattle things up again. (more…)
SlopeCharts Now Has Events
SlopeCharts can display for you three distinct time-based events on top of the price chart itself. Pressing Ctrl-E on the keyboard will toggle the display of these events on and off, and by pointing to any of the letters signifying the event you can get more details on that specific instance.
The three events displayed are as follows:
Earnings, designated by the letter “E”, which typically are announcements that happen once per quarter for any public company. Moving over the “E” shows you the date of the earnings announcement and whether or not the news was came before or after normal trading hours. (more…)
Tesla Conference Call Preview
