The ETF which tracks the fabled FAANGs stocks is FNGS, and it has retraced nicely to its gap.
FAANGs That Bite
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.
Dazzling Diamond
In case I’ve been too subtle about it, the semiconductor ETF (SMH) is one of the greatest diamond tops I’ve ever witnessed.
Soliciting a Miner
I believe precious metals miners are close to exhaustion, such as GDX and GDXJ, shown below. I’ve shorted the first one with a stop-loss price of 96.20.
Fibs Galore
On the heels of yesterday’s historic mega-rally, it will be absolutely terrifying to push back deeply into the bear camp but judging from what I saw with my chart examination last night, that’s precisely what I plan to do.
