Here is Comstock Resources (CRK) which has a well-formed rounded bottom.
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.
Bank On It
Bank of America (BAC), shown below, neatly captures what is going on. On the one hand, there have been core breakdowns to major support objects. On the other hand, in recent days, there have been so-called bargain hunters bidding up the stock. My point is that the broader trend will regain control in short order.
Utility Recap
Maybe I should just stop trading anything but the Utilities, since I seem to get along best with that particular financial instrument. Let’s take a look at some recent activity with the Dow 15 ETF..….
PREMIUM: 10-4, Good Buddy…….
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Super Strong Semis
Oh, well. I’d say the dream is dead when it comes to the semiconductor index. I soured on this one last week, and one simple chart of the SMH shows why:
