I did a premium post shortly after the opening bell yesterday that was very un-Tim for two reasons. (1) It was a BUY (2) it was bullish on BONDS!
Successful Long Trade
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.
Diamond Eyes
I am inclined to apologize for my persistent navel-gazing about my XLU trade, but it merits examination, and there are lessons to be learned.
I was curious when I discovered – – and I use the word “discovered” very deliberately, since I’m exceptionally good at spotting patterns with my eyes/brain combo that computers simply cannot do – – the diamond pattern in the Utilities. It seems to me it took place way back on May 16, 2023.
Apple Home Run!
Back on September 1st, which feels like about a decade ago, I did a premium post called Two Major Tech Gaps which highlighted INTC and AAPL as good bearish candidates. They both turned out great for my beloved paying subscribers, but AAPL in particular has been a sensation.
Here was the original idea. I want you to keep in mind how insane it was, on September 1st, to dare to offer up Apple, the biggest company on the planet, as a short-sale candidate. At the time, I was the only human on the planet stupid enough to suggest this, but that’s how I roll.
See? I Told You O!
Here is Realty Corp (symbol O) which I declared bearish due to its diamond pattern. And, so………
Doubled! But More to Come…..
Until SMH shoved it aside, XLU (the Utilities) was my favorite trade. It’s still my second biggest position, and I’ve never fallen out of love with the beast. Here is the current state of this exceptionally well-formed diamond on the Dow 15 Index itself:
