No, not the retailer. The price chart object. In other words, based upon this gap:
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.
Another Reason Not to Mess with TX
Please note there is a SPECIAL POST for all paying members (Bronze on up) right here.
Retail Replays
I am taking advantage of the (laughable) rush to buy stocks again by shorting some retailers that are approaching major resistance levels.
My Favorite Cephalophore
Investors have been rampaging back into some of the most ravaged issues in recent days. One I’d like to point out is the fund HYG, which is the high-yield corporate bond ETF (in other words, a way to earn 2% interest while seeing 10% of your capital destroyed). Anyway, it’s getting tantalizing close to major resistance. I’m going to wait another day, but it’s worth a blip on your radar screen.
Listen to Ether
Looks like the Jim Cramers and Cathie Woods of the world are getting a much-needed break. Uh-huh. I suggest you pay attention to what’s going on with Ethereum. It is still weak, and if it starts seriously cutting loose to the downside, I think you’re going to see stocks do the same.
For obvious reasons, my enthusiasm about energy-related shorts has cooled substantially. I’ve got an important update for Gold and Platinum members in this post about the market in general.
