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.
Remember how red-hot the used car market was a year ago? Yeah, me too. The entire space has been laid waste. Take a look at Shift Technologies (SHFT) which proclaims itself to be “transforming the used car industry“. OK, boys. Whatever.
You’re welcome. The bad news is that I return tonight.
SPX has been consolidating for a few days now, and generally speaking a consolidation like this leans bullish. I gave the ideal target for this rally at the weekly middle band and that remains the case in my view. That is now in the 4294 area.
SPX weekly chart:
Just an FYI, I will be out all day long and doing posts as time permits (which won’t be much!) So the typical Tim firehose won’t be running today, although, again, there will be posts from time to time. And, as a reminder, about 95% of the site are tools and information OUTSIDE this lunatic asylum known as the post and comments section, so please peruse that as well.
