The bulls finally did it. Escape velocity was achieved, and the sinewave, after two weeks, was escaped.
It’s About Time (and Tariffs)
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.
Clipping My Wings
Oh my God. If you could plot a divergence to track the spread between my skills as a chartist and my skills as a trader, it would be gargantuan. I cited Wingstop (WING) as a great bearish opportunity ceaselessly. I just glanced at the options I sold, and they are up another 200%. Good God. Pay attention to my charts, people, but ignore when I close a position! I’m a weakling!
Shaving Brazil
That’s it. I give up. I’m done with EWZ.
Why? Because the violation of the H&S top is too severe, and looking at EWZ’s history, it has the ability to complete a top and meander for literally YEARS before breaking down (see arrow). I’m simply not going to cross my fingers and hope. I’m done with it.
You Big, Stupid Ape!
Greetings from Bermuda!
As you can tell from the title of this post, I wanted to say something about someone who really pissed me off today………….me! Let’s start with this minute bar chart of SLV:
I Solemnly Swear……
Stock futures have been creeping higher all night long, and about an hour ago, they put on their turbo-boosters.
