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.
Dare One Challenge the Retail Insanity?
Ethan Allen Short
Sorry I've been so out of pocket lately. A lot has been going on, and this morning's data platform insanity really slowed me down. I'm glad ProphetCharts is running full-steam again. I'm lost without it.
In any case, it's heartening to finally see some red on the index monitor (and green on the portfolio spreadsheet). I've got a variety of retail shorts, but one of my favorites right now is Ethan Allen, shown below, which sports both a broken trendline and the fulfillment of a retracement.
Edgeless
Having looked at a lot of charts lately, I'm starting to think neither bulls nor bears have any kind of edge in the current market. The market seems simply inscrutable lately. I offer the chart below on RTH, but believe me, it took some digging to find anything I thought was worth presenting at all.
