The massive financials analog continues to play out beautifully. We may see a little strength (or not) after all the recent weakness, but I think the die is cast. The financials, by way of XLF below, should ideally stay below 27.08 from here on out.
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.
Bed Bath and the Bomb
The more recent top is creating a much better fall than the prior one:
Excelling at Reversing
I believe stocks have personalities, just like people do. I am drawn to stocks that have exhibited a clear tendency to fall hard when they form a clean top. A favorite of mine these days is Advanced Micro Devices (AMD). The pas instances of tops followed by big drops is a marvel to behold.
