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.
Dell Out Tonight
Even though we’re out of the main earnings season, there are still some companies of note that are issuing reports, even at this late date. The big one tonight is Dell, which is just beneath a very clean triangle top. Resistance is at 114.15.
A Different Grinder
Nope, this isn’t another post about the gay sex hookup app (GRND, if you must know). It’s about the nature of the /ES market right now. Having climbed about 100 points For No Particular Reason, it has found a happy home grinding around precisely at its 10-month long trendline.
Another Home Run – Dollar Stores!
Back on February 28th, I did a premium post, my first in a series of posts about shorting Dollar Tree (DLTR) and Dollar General (DG). Let’s just say that the timing was almost perfect, since the stocks would lift for just a few more days by a little bit before going into their own vicious, private bear markets. This morning, they’re both getting torched.
NOW You Can Get the Marshal
Last time, I saw some very apocalyptic tweets about how the market was going to crash today. I didn’t feel this way. My response to the NVDA news wasn’t exaltation but RELIEF. So long as the sucker didn’t gap up 20 points, I was a happy guy.
Yet, I saw the at Wednesday’s close, the market was pretty oversold, and a bounce was in order, and a bounce on the /NQ was precisely what we got and EXACTLY where I hoped it would go.
