Yet another victory for SlopeCharts. So-called “healthcare” companies are going to get a blowtorch to their eyeballs. Here is the wipeout in the ironically named Humana.
Huzzah, Humana!
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.
What Will Sink Us
Duhhrrrrrr duhhhhhhrrrrrrrr we owe it to ourselves duhhhhrrrrrr-hey.
Still Searching For Santa
In my last post on Friday I was looking at the support breaks on Dow & Russell and considering the wider implications of those. I was also leaning strongly towards the setup on SPX being a bull flag forming.
Since then a very nice bullish triangle has formed on SPX and, 70% of the time, these will break up towards the target, in this case a retest of the all time high at 6099.97. I wrote the comments on the chart when I posted it on my twitter last night and since then SPX has broken slightly below triangle support, which is a concern, but is rallying well from there so far. Assuming this morning’s low holds, the bullish scenario still looks nice.
(more…)The Long Goodbye
Over the course of my adult life, I have had seven dogs. Four are no longer with us, but three of them still are. One of them is a bubble-headed purebred cotons, one is a wily trickster we found hiding under a truck in the Mojave desert, and the big black one……..well, she’s my favorite.
Her name is Coda, and those of you who have watched my tastylive program have probably heard her snoring loudly in the background. She’s a love, and a very good girl.
Pretty Trades
If you haven’t tried the feature in Options Charts that lets you state your buy and sell dates, you should – – it’s great fun to look back and see your decisions in a historical context. Here are some real trades of my own (not all of which I’m proud of closing……..)
