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.
Now that Netflix’s earnings are well behind us, it is relatively safe to take a look at it as a potential short. To my eyes, the most significant technical feature is the price gap which I have highlighted in two ways below. A trader short this stock would, I think, be wise to have a stop-loss set just above that level.(more…)
As a companion post to the prior one about trading Apple options, I wanted to point out what I consider the most significant “feature” of the chart, which is the price gap highlighted below. This is the crucial test next week.
I’ve mentioned the Pier One analog countless times, and it certainly seems to be repeating its Financial Crisis Disaster beautifully:(more…)
As we collectively try to fight the boredom of the end of the trading year, I offer you a simple and straightforward idea: shorting HYG with a stop at 81.25, just above its price gap.