In my last post on Wednesday 22nd Jan, I was looking at the various targets for the move up from the January lows on the US equity indices, the all time high retest on SPX, which had just be reached, and the all time high retests on QQQ and DIA, which In my last post on Wednesday 22nd Jan, I was looking at the various targets for the move up from the January lows on the US equity indices, the all time high retest on SPX, which had just be reached, and the all time high retests on QQQ and DIA, which are still outstanding. I was also noting that a retracement to set up less vertiginously steep rising support trendlines on all three of these was overdue.
(more…)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.
Double Doom
Commentary Recap
No smacking from this boy!
Chemours Still a Thing
I’ve written about Chemours (symbol CC) several times. I didn’t hold on to my puts, because the options market isn’t so good for CC, but I still think this is a dynamite long-term short.
Silicon Valley Progress
Here’s an amusing tale from right here in the San Francisco Bay Area, the worldwide center of technology. Observe this breathless press release from a firm that raked in $60 million in funding:
