I was looking at the equity indices on Sunday, and there were decent looking short term bull flags across the equity indices. These were a good indicator for a rally high retest next but they only break up about 70% of the time. The rest of the time they break down or evolve into larger flags and these broke down.
(more…)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.
Wee Hour ETF Thoughts
Hello there from the East Coast. It’s about 3:30 in the morning here, Palo Alto time (to which I’m still anchored), so I thought I’d once again take keyboard in hand and share my brief thoughts on nine important ETF charts, after Monday’s wonderful tumble. I’ve put my comments in the caption section beneath each clickable chart.
It’s So Clear Now
Hindsight is always 20/20, isn’t it? Just take a look at Microsoft:
Even a child could see it, right? There was gap after April 8th, and, over four months later, it was almost perfectly filled. That was, of course, the ideal time to short the bejesus out of Bill Gates’ company. Gotta love those gaps, eh?
Government Thrift
Want to see how your good friends in D.C. make money (besides Pelosi’s shameless insider trading) and spend money? Here ya go!
