This is almost like science fiction: every single month of IEFA has flipped colors, month after month. Take a wild guess what November will be like!
Year-Long Toggle
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.
Ten Down, Two To Go
Below are a variety of monthly bar charts of important ETFs, with some thoughts in the caption area of each.
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Testing The Weekly Middle Band
As of Friday’s close our Follow The Leader service at theartofchart.net was up 168% year to date with 90% winners so far. This is an autotrading service in partnership with GFF Brokers, official broker for the World Cup Advisor Auto Trade programs. This is included in our Daily Video Service and if you’re interested in that you can find out more about that here, and you can try a 30 day free trial at theartofchart.net here.
We are hoping to hit 200% on this by the end of the year at which point, on the minimum account size of $25k for this, the profits of $50k this year would repay our most expensive membership option, Trader Triple Play Annual membership at $2,490k per year, slightly more than twenty times over, not accounting for taxes of course.
(more…)Slow Red Burn
Happy Halloween, everybody! Well, since I’m lighter now than I’ve been all year, the market gods have permitted the futures to stay red all night long. After the gap down on Sunday, it’s been grinding lower persistently.
The Amazon
If one is speculating on more downside for AMZN, time is of the essence.
Right now, two timeframes matter most: Monthly and Yearly.
Monthly closes Monday, yearly closes in two months; both right around the corner.
If you’re in Bear’s camp, nothing could be better than delivering a deadly blow at year’s end. Let’s look at what it will take to deliver the blow.
Amazon hasn’t lost a yearly candle since 2014. Nine years later, 2021 was a near miss, up only by a ting.
Not so, 2022: AMZN has been down every quarter since January.
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