There is an important improvement to SlopeCharts I want to tell you about. To get started, here’s what SlopeCharts looked like until a few minutes ago:(more…)
I like shorting stuff, but there’s one item I wouldn’t short with a ten-foot pole made entirely of tofu, and that is Beyond Meat:(more…)
I’ve had a good day. 100% of my existing shorts are in the green. As much as I hate to rock the boat with new positions, I have done so. I shorted 19 more. Nine are shown below, and the other ten are in a members-only post.(more…)
Good morning from Tim Knight, “the Dan Bilzerian of technical analysis”, as we enter another exciting week of charting.
Below is a close-up of the IWM (the small caps) with the PSAR and Bollinger Bands. Of note is that the PSAR has “flipped” bearish (note the red dots above the price levels).(more…)
While we were prepared for last week’s run in silver in our service on ElliottWaveTrader.net, many are only now suggesting to buy into the metals after missing the last 10%+ move up in silver. Yes, that is what happens so often in financial markets. Markets go higher and people want to buy more the higher it goes. Yet I was getting a lot of pushback when I was suggesting people use price levels below 15 to accumulate silver holdings.
What strikes me as odd is that in every other aspect of your life, you are in search of “the deal.” If you want to make any other type of purchase, you invest a lot of time in finding the best or lowest price you can find out there in the market. Yet, that is not what happens with most investors in the financial markets.(more…)
I will start by saying I don’t ever want to read the word “cookie” again in my entire life. After our massive upgrade a few days ago, many Slopers went through login nightmares for reasons I’ve already explained at length, and the solution was for them to delete their browser cookies.
Close as Slopers are to my heart, I was tormented by the belief that There Had To Be a Better Way. Well, minutes ago, after countless hours of research and experimentation, we finally unraveled it, and now people should – – SHOULD – – have no problems (for those of you who deleted your cookies, God bless, you’re already in the promised land).(more…)
The market has changed, there’s no doubt about it. There is a world of difference between what we saw early this year:(more…)