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.
Before I begin, I want to mention that, for the foreseeable future, building out and improving SlopeRules is going to be our main development focus. SlopeCharts has a few tweaks here and there I want to do, but honestly, I use SlopeCharts dozens of hours every week, and I love it. It’s ideal for my purposes and, I hope, for most of yours.
Second, remember we’ve got our Scientific Option Trading webinar tomorrow one hour after the close. We’ve got a really good crowd signed up already, so please sign up by clicking here to join.
So, about the market. I think today can be summed up with one image.
I mentioned Tupperware (TUP) as a short many times, but it never seemed to do anything………..until today. Huzzah! A total wipeout. I’ll comment on that sniveling, sycophantic wimp Jerome Powell after the close.
It was another strong overnight session for the bulls, powered by a relief regarding AAPL earnings and optimism about the Fed announcement today. To help assess where we stand, let’s take a look at the ES using some tinted ranges.