End of the month is especially fun to chart. Fun to see the inter-connectedness with all other timeframes, each being a part of the whole. If for no other reason then Baby Bear mentioned it yesterday, we start with the monthly chart of SE, which looks to be making a decent go of it. For bullish success, we want to stay above the green, and get above the purple.(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.
Preface by Tim: this is the 2,484th premium post ever published on the Slope of Hope website. Historically, premium posts have been invisible to non-premium (that is to say, Gold/Platinum) members. I have done myself no favors because of this, since it would be smarter to at least let their existence be known so that, sooner or later, some of you would want to see what all the fuss is about and go ahead and subscribe yourselves.
It’s actually more work for me to do it this “semi-visible” way, but besides making the premium content’s existence more visible, it should also help make comments more clean and non-segmented. There’s always been a bit of confusion about the two universes of premium and non-premium when it comes to comments, and I think this should eliminate that.
In any case, unless I’m not thinking of a reason to do it the old way, this is going to be The New Way of doing things for premium posts: everyone will see the headline and maybe a couple of sentences, but only Gold/Platinum (and, rare, also Bronze/Silver) folks will actually see the content of the post itself.(more…)
If one is speculating on more downside for AMZN, time is of the essence.
Right now, two timeframes matter most: Monthly and Yearly.
Monthly closes Monday, yearly closes in two months; both right around the corner.
If you’re in Bear’s camp, nothing could be better than delivering a deadly blow at year’s end. Let’s look at what it will take to deliver the blow.
Amazon hasn’t lost a yearly candle since 2014. Nine years later, 2021 was a near miss, up only by a ting.
Not so, 2022: AMZN has been down every quarter since January.(more…)
Euphemistically speaking, what a glorious year this is for year-end charts. Much fun it is to have a yearly tell of what is going on. Here are three issues whose charts (yesterday’s!) help portend their future.
Quarterly and monthly charts of the big burrito [CMG] are green.
Taking a tidy sum from the markets is our goal.
Talking recently with a longtime Sloper, he commented, “It’s just a trade to make a living. To get some.”
That’s what we’re here to do: Get some.
There are hundreds of ways, different strategies, to try and extract money from the markets. Have it Your way. The best strategy is the one you’ve determined for yourself. Do that.
Hard to do perhaps, but if you are able to see your way clear to remove any bias, outside influence, even news, Do That. Instructive words are, Only Price Pays.
In the spirit of All-That-Matters-Is Support-and-Resistance, these charts are offered in the hope that they help you get sum.