Before calling it a night, I just want to say one thing as a companion to my obsession with 2600 on the /ES – – and that is a different number: 2525. That is the lower horizontal shown below. It’s clear that, for whatever reason, that line has equal import. We need to break it to get our bear party going again. Until then, it’s just going to be a grind-it-up torture-fest. All we need is a catalyst.
Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
As I’ve mentioned, we’re going to accelerate development of new features and products here on Slope. Here’s the first one for 2019: Comparison Charts for SlopeCharts.
You can easily compare two, three, four, or five different symbols to one another simply by entering whatever you wanted to compare, separated by commas. For instance, perhaps you would like to examine the relative price performance between the “FAANG” stocks, so you would enter FB,AMZN,AAPL,NFLX,GOOGL in the symbol entry and click Go.(more…)
I’ve seen folks reporting they’ve put ALL their portfolio assets into one stock – Apple – just because it’s “on sale”. I would point out that recent history indicates that the company is simply gapping down, recovering, and then plunging again. Over. And over. And over again.
In honor of Sears’ demise today, may I offer this short idea: the retail exchange-traded fund:(more…)
My contempt for bulls, particularly their dependence upon the welfare state and their creosote-filled craniums, is well-telegraphed. I truly didn’t realize they were this mentally-challenged, however. Just since Boxing Day, they have bid prices up to shortable levels again. I can also say: thank you, you reckless turd-throwers. I truly depreciate it.
I recently did a survey amongst you folks so we could collectively assess how much of a “bubble” each of us lives in. I was pleased just how many of you took the survey. Here are the collective results; I have highlighted the “winning” answer for each question. Thank you!(more…)