As expected, the Fed bumped rates by 0.75%, and the market is rallying mightily as I’m typing this. Next up is the press conference, which tends to make trading even more volatile. So far, the uptrend is intact.

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.
Back on October 18th, I wrote a bullish post about Netflix (NFLX) in which I said the stock “seems on solid ground for its breakout” and that “it looks like the “gap-traverse” is definitely in play.” The traverse is about 60% done, so it’s got more room to the upside, but it’s getting closer and closer to its exhaustion point.
