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.
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…)
OK, another FOMC meeting in the bag! And what a madcap day it was………..(more…)
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