One day does not a trend make, but it’s worth noting the preponderance of shooting star patterns that took place on Monday.(more…)
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.
One company that hardly anyone had ever heard of in April but is the talk of the town today is, of course, Beyond Meat.(more…)
Excerpted below is the Opening Notes segment from this week’s Notes From the Rabbit Hole, NFTRH 555. The report followed up this opening with extensive coverage and strategy for US and global markets, internals/indicators, commodities, precious metals (including weekly charts of the miners for a wider view this week) and much more. As usual plenty of stock charts were covered as well for a comprehensive report bringing us completely up to speed on today’s markets.(more…)
I’ve been taking advantage of the market’s strength this morning and have entered 22 new short positions. Ten of them are below, and I’m sharing the other dozen in a Gold/Diamond post. Click on any image for a much larger version.(more…)
Spot the trend!(more…)
Good morning, everyone, and welcome to a new week. There are fifteen trading days left this quarter.
I got a knot in my stomach on Friday evening when the big news came out about some kind of breakthrough deal with Mexico. It was on my mind all weekend, and I was wondering if we’d gap up 70 points on the ES. We did indeed gap up, and powerfully, but we’ve been in “digestion” mode since then.(more…)