One of the most stable and ostensibly boring stocks on the planet is Colgate-Palmolive, but I just shorted it. Why, you ask? Look at this beauty:
Rotten Teeth
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 Major Inflection Point For The SPX
Further to my post of December 2, it’s evident from the following daily charts of the four U.S. E-mini Futures Indices that they all broke and closed below both their “chaos zone” (the trio of future-offset 5, 8 & 13 MAs) and their 50 & 200 MAs, respectively, last week…a failure to hold above those major support levels.
Price on the SPX is currently hovering above 2600, as shown on the following monthly chart.
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