The S&P is surging (of course!) but I want to point out that my core thesis – – that we are most likely to grind toward the support line of the ascending channel in the weeks ahead – – remains un-swayed.
Don’t Change the Channel
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.
Occam’s Channels
Short This Virtue
The stock? Fidelity. The symbol? FNF. The attitude? Bearish.
Get to the Point
As the only one on the planet stupid enough to not think that goddamned Jerome Powell is going to take this goddamned market to 500,000 on the S&P 500 in the next 3 weeks, allow me to quietly and angrily point out that the fraudulent SPY has nailed the apex of its broke wedge pattern perfectly.
God’s will be done. May heavenly father smite the bulls into everlasting anguish and anoint his beloved Timothy with peace everlasting.
Blink & You Missed It
As a follow up to last weeks’ post Blink Breaks Out, I mentioned regarding BLNK that “laggard BLNK is finally starting to come to life.”. Well, that trendline breakout didn’t take long to blossom; here’s what is happening today:
