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.

BTFD (by Cougar)

By -

As you can see by the image, the MACD did signal a sell recently, but the 20 day is coming up fast and with declining yields you have two things going for da bulls.

Number 1:  stocks are going to be priced at higher EPS and 2: that with the new year and new market highs, money will be moving out of money markets and into stocks especially early in the year like now. So, IMO; this is not the correction; this is a dip. So, anything below the 20 day, 4690-ish; and I’m putting a long trade back to 4750.

Forewarning, I don’t trade for a living, but TK asked for content. (and one spark for TK, someone I know he likes, They Might Be Giants, is below:

(more…)