Below is Clover Health Investments (CLOV) which has a beautiful, rounded top and is close to its price gap at 2.83. I’d suggest a short-sale with a stop at 2.85 or 2.90 might be an interesting trade.
Four-Leaf Clover
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.
Market Talk, Economy & Bond Market
A premium excerpt from this week’s edition of Notes From the Rabbit Hole, NFTRH 876
Market Talk
At this point, far into the broad market recovery rally with gold stocks so close to the primary target (HUI 500+/-) I want to make sure I am speaking clearly as a human, rather than mechanically as a TA or macro funda dork. That will probably shorten this report and possibly the next few reports to come, until something big happens.
Big? Well, a broad top and breakdown would be big. A Fed policy shift would be big. A significant US Dollar rally would be big (given it would be against a government that seems bent on devaluation), a precious metals upside blowout and reversal, a commodity failure, a precipitous decline in long-term Treasury yields, or a resumed rise in those yields. All big.
(more…)Leaving Las Vegas
As much as I’d like to believe it’s because Americans were suddenly starting to get some taste, it probably has more to do with the fact that there are some many legal ways now to get people’s gambling impulses satisfied.
