At long, long last (OK, maybe a few days…….) freakin’ energy stocks are finally breaking down. God almighty, that took long enough.
Slips!
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.
Ceilings
I’ll start by saying that I believe we will resume notable weakness before this week is over. Maybe today. Maybe Friday. Sometime soon.
The core pattern driving this weakness, in my opinion, is the clean series of head & shoulders patterns among the intraday charts across important asset classes. Here, for example, is Ethereum futures:
That Tim in North Carolina
California is Not the Devil?
Well, by popular demand I feel compelled to share my thoughts on the great state of California. I must say I love the idea of Californians visiting the South, and sharing their experiences. And people from the Southeast doing vice versa. So here we go, without further ado.
I will spare you with the reasons for my visit to the Bay Area, but I did recently spend a week in our host’s beloved Bay Area. I had been to California once before when I was growing up. My family took a trip out west. We visited Los Angeles, and then drove up the coast to spend a few days in San Francisco. This was in the mid 1980’s. We loved it. I remember being on a stage recording of Star Trek at Universal Studios. My sole purpose was to be “the kid trapped and drop 1,000 gallons of water on.” Yeah, that was me. It’s a fun video to watch now. I also remember the Redwood Forest, and really liking the architecture in San Francisco. It was good trip.
(more…)Shake Djibouti
