Comstock Resources (symbol CRK) is an intriguing bullish setup because it has a very clean saucer pattern and, more important, has been accompanied by a tremendous swell in volume for many months.
Comstock Load?
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.
Line-Up
I seem to be locked in to getting up at 4 in the morning now, so might as well do a post. Let’s talk about this chart of the recent activity on the S&P 500 futures:
Non-Participants
Even at the opening bell, when the market was raging at its strongest, I noticed that two monster stocks in which I have short positions – – John Deere (DE) and Caterpillar (CAT) – – were hardly budging. This affirms my idea that these bloated beasts have double-topped.
Sputtering Toward Equilibrium
I’ve seriously never seen the /NQ futures look like this. It’s a perfect symmetric triangle, and it’s just kind of dying to a flat line. One thing’s for sure: next Tuesday morning is NOT going to look like this.
Bill May Get Laid Waste in 2023
This is bill.com (symbol BILL). Just an idle musing as I was looking at my “Recents” watch list on Tuesday.
