This Afternoon’s Big Earnings
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.
Bored of Peace
The continuation of the TACO rally from yesterday can be seen by way of the price gaps which help illustrate the varying degrees of resilience in different sectors of the market. On the /ES, the gap (arrow) remains unsealed, although almost all the damage has been undone.
The Lay of the Land
Making a MU-stake
I have decades of experience studying, writing about, and trading based on technical analysis. There are times, however, that I will take a trade just because the chart seems goofy. Micron (MU) is a good example. I have, in the past couple of weeks, tilted at this windmill repeatedly, only to be disappointed each time. It illustrates how shorting something just because it’s Too Damned High relies almost totally on luck. Yes, one day it will turn, and turn very hard, but I’d rather stop guessing.
Thirteen-Front War
In case there’s any uncertainty how much the world thinks of the unhinged chaos the world is being thrown into, take a glance a little metal I like to call silver. Its futures contracts are up almost 7% and, once again, is at prices never seen before.
