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.
I’ve been doing this whole “charting” and “trading” thing a long time. I was there for the 1987 crash, as well as the bull market that led to it. I can remember the market’s response to the invasion of Kuwait like it was yesterday. The Internet Bubble. The crash of 2001. 9/11. The financial crisis. And on and on and on.
But I’ve never seen anything like what we’re seeing now. You’d think that, in the 11th year of this pre-fab bull market, some two-sided action might be creeping in, but, nope. This entire thing is starting to feel permanent. And it feels like the MMT lunatics are going to end.
Anyway, below are some major indexes and ETFs along with their breakouts:
Both on Slope and on Tastytrade, I’ve mentioned a target price for $BTC at $6,000 (here is the post from a month ago). It stalled about a week ago, and I started to wondering if it would make it all the way, but it looks like a shoe-in at this point:
Well, any last embers of bearish hope are being thoroughly urinated on this morning by the bulls. The new “Goldilocks” economy continues, and hot new IPOs like Beyond Meat have captured the public’s imagination. Below is the Russell 2000, which has finally pushed above its bullish base.
Even in this go-up-no-matter-what environment of ours, some shorts have been performing especially well. Here are my top three winners on a percentage basis, all of which I’m keeping. Each are captioned.