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.
In my premarket video on Friday I was noting the four hourly sell signals fixed (3x) or forming (1x) on ES, NQ, RTY and DAX and saying that we might well see a retracement day. We saw that and all those signals reached target by the end of the day.
In my The Bigger Picture video yesterday I was looking at the support backtests seen on Friday and was looking at the bullish looking setups on SPX and QQQ particularly. So far that looks as though it may be delivering so let’s review.
(more…)The Slope of Hope website is owned by a one-person company, and I own and work for that company. It’s just little old me. In spite of that, my payroll provider (which, I want to stress again, remits payroll to ONE person) is required to send me these two gargantuan laminated posters spelling out all of my rights.
One of my bearish positions, semiconductor maker ON (symbol, you guessed it, ON) is falling following earnings. Looking better than ever, crew!
I wrote about Humana (HUM) six months ago when it was about $400. It is approaching half that price now. The public absolutely despises so-called health insurance companies, such as UNH, and HUM is no exception. It has been a steady wipeout, and it’ll continue.
By the time you finish reading this, you’ll either nod in quiet agreement or scoff in denial. But the truth remains: trading is not about the market—it’s about you.
Most traders spend years chasing the perfect strategy, the magic indicator, the secret formula that will make their account grow in a straight line. They burn through books, forums, YouTube videos—convinced that success is a matter of finding the right “edge.”
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