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.
SandRidge Energy (SD) appears poised for upside acceleration after spending the past 2 weeks consolidating its March-April up-leg. All of the action off the April 23 rally peak at 7.10 has the right look of a mature bull flag-type of consolidation pattern that should resolve itself to the upside in a thrust to the 7.50 level in the coming days. (Click on the chart in case you actually want to see the damned thing).
By Mike Paulenoff, originally published on MPTrader.com.
The ProShares UltraShort 20+ Year Treasury (TBT) has taken off this morning despite disappointing results from Wal-Mart Stores Inc. (WMT) and Cisco (CSCO). Granted, the jobless claims figures continue to argue in favor a strengthening economy, but definitely not enough (IMHO) to warrant a surge in the TBTs (in yield). (more…)
The toughest projections to make are corrections after the completion of a major directional move. Shallow? Deep? 25%? 60%?
Such is the case with USD/YEN in the aftermath of the start of a new up-leg from its June 13 low at 93.79 to its July 9 high at 101.50. (more…)
What is important now technically heading into tomorrow’s Jobs Report? (more…)
Spot gold is holding its recent gains exceptionally well and in fact looks like it is either carving out a high-level bullish consolidation area between $1340 and $1325 OR has already completed a minor pullback from earlier Tuesday at $1326.55 and embarked on a new up-leg. (more…)
