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.
Let None Pass the Gap
Someone on Slope reminded me that the last time we were starting a counter-trend rally, I presented a series of ETFs with some sensible target prices for resistance. I have done that below, and in every case I am simply highlighting the Friday/Monday price gap (AKA the low from Friday). These are the key levels to watch for meaningful reversals, assuming this counter-trend bounce isn’t as insanely robust as some of my peers are saying (like 4400 on the /ES…….)
(more…)I Survived!
OK, another FOMC meeting in the bag! And what a madcap day it was………..
(more…)Strangling Regular People
Reverse Repo Heads to Stratosphere
And with that, my friends, I’m going to head into my FOMC Bunker. See you after the close! Final pre-FOMC positioning:
- 40% cash;
- 25 bearish positions;
- God’s everlasting love for his favorite bear