Rubber Balls and Liquor
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.
Baghdad By the Bay
The New Mu Revue
The stock that’s on fire (in a bullish way) after hours is Micron (MU) which, on the heels of strong earnings, is up nearly 15%.
Equities In the Big Inflection Point
In my post last week I was looking at the big inflection point here on equity indices, and they are still in that inflection point, though there have been some developments since which I’ll go through today.
I use the $SPXADP daily chart as one rough and ready guide to where there might be a retracement or consolidation coming on SPX, and that hit the key upside level at 30 on Friday. There are 11 previous hits of 30 on the chart below (red dotted vertical trendlines), and all of them signaled either a retracement starting within a couple of days (seven instances) and/or a sideways consolidation lasting at least two or three weeks, so it is likely that we will be looking at that again here.
(more…)American Strength
