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.
Today, the S&P 500 reached its highest point in human history. Perhaps to give the 3 bears left on the entire planet a wisp of hope, things went south later in the day, and we wound up with a bearish engulfing pattern, thus aborting the chance of having ten freakin’ green days in a row.
Let’s just say that even if operation “Warp Speed” rushes out some kind of ostensible cure, the whole the of the nation isn’t going to uniformly roll up their sleeves and wait for the needle prick.
It’s becoming screamingly apparent that the Fed, in its efforts to utterly destroy the price discovery mechanism of the markets, will buy equities any time there is even the tiniest selloff. It’s happening day after day. Indeed, today is the TENTH DAY IN A ROW of the ES being positive. You think the government might do something if this was the tenth day in a row of stocks falling? I sure do.
Take small caps (please!) Look at the sell-off that took place in early trading:
This post is courtesy of our friend Ophir from TradeMachine Pro.
Today we use the new and improved version of a pre-earnings momentum strategy. This goes beyond just naked long a call, and gives the opportunity for two shots at momentum with one trade.
This custom strategy has shown higher win rates per stock across the constituents of the NASDAQ 100 over the last 10-, 5-, 3-, 2-, and 1-year than the straight down the middle bullish momentum call. Let’s take a look at the pattern in Salesforce.com Inc (NASDAQ:CRM) .
The logic behind the test is easy to understand — in any market there can be a stock rise ahead of earnings on optimism, or upward momentum, that sets in the two-weeks before an earnings date. That phenomenon has been well documented by Capital Market Laboratories in our seminal webinar on market patterns.
(more…)Late last week, almost on a whim, I shorted ZOOM “Our P/E is less than 1600” Communications. It’s worked out so far, and we finally cracked the uptrend today.
