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.
The Bull That Didn’t Charge
In my posts on 20th October, 24th October, and 28th October I was looking at the rising wedges on SPX, QQQ, DIA and IWM from the April lows and weighing the odds of these breaking down into a substantial retracement in the near future.
I was saying that these are all good quality mature patterns that I would normally expect to break down, but was concerned that we might instead see the start of a larger break up into December.
In my last post on 7th November I was noting that all those wedges had broken down and gave some downside target areas that I was looking at initially.
(more…)Stairsteps
It’s the big day, everyone! Nvidia day! Now that Jensen Huang enjoyed a sumptuous meal at the White House yesterday (getting tips from MBS on how to take down buildings with jets and how to grind up journalists into dog food), he’s ready to let the world know about his company’s earnings after today’s close. At the moment, NVDA seems to be anticipating strong results.
New Rules For Avoiding Falling Knives
Bi and Loving It
It’s late at night, and who knows what tomorrow holds, but for the record, this is PRECISELY the color arrangement I want to see: equities, down, oil, down, and precious, up. Perfect!
