I hadn’t really considered Nike (NKE) as a short, but the surge after-hours looks like it’ll push the stock to a beautiful gap-seal. Let’s see what Friday holds before moving forward!

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 I’ve saved my ancient Cotons from being consumed by Duke the Thug Puppy, I’ll share this tidbit: this morning, pre-market, I had a knot in my gut that, once again, the /RTY would just rip higher and join the /NQ and /ES in their green party.

I have twenty live short positions. Here are the other ten of them, zoomed in on the most relevant portions. As always, zoom on any chart for a larger version.

I have twenty live short positions. Here are ten of them, zoomed in on the most relevant portions. As always, zoom on any chart for a larger version.

As big a fan as I am of gold and silver, this chart of $XAU – the gold miners index – caught my eye. The tinted portions indicate major points of resistance, measured over many years, and it was compelling enough for me to short GDX.
