One of the very few stocks I’ve mentioned repeatedly as bullish hit yet another lifetime high.
Excellent Exelon
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.
A Bullish Chart!
How about a bullish setup for a change?
Ha! Gotcha. This is the VIX.
Backed then Filled
Last night, all the markets sold off in a steady fashion, but the Midnight Magic has returned, and, whoosh, it just blasted off from there. No, there isn’t news about “even MORE narrow” tariffs. It’s just people falling all over themselves to get back in.
How About Now?
Well, gang, Sunday futures are open, and equities are generally up about six-tenths of a percent as of this writing. We’ve got a gap up, and I’ve gone ahead and dispensed with the horizontal “jump rope” since I’m quite weary of writing about the sinewave that’s been going on for the past two weeks. The real question now is simple: this time, will the bulls finally get their act together enough to launch up to meaningful resistance, instead of dicking around in the 5725 zone and going nowhere.
COST Setup Similar to May 2022
I have a panic low indicator that triggered on Costco. It has plenty of signals generated at tradable low, but sometimes the signal is early because the move down isn’t finished. I went looking for a similar setup with the very weak bounce and found a possible match: May 2022.
