I’ll let you know now that I’ve secured a trip on Bear Force One. Desperate times call for desperate measures. I don’t fly off until half an hour after Friday’s close, so any effects from this won’t be felt until the new week. Something’s got to be done, however, because I am seeing some real strength taking hold. Below is the important new support level for the NASDAQ Composite.(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.
Gather over on SlopeTalk to watch the POTUS do his annual thing. Bring your favorite cocktail as well all totally MST3K the event in real time.
I offer you the following two charts, each of which have supremely important Fibonacci retracements drawn on them (the red horizontal lines). There is the S&P 500 futures:(more…)