It seems to me that MSTR is sporting one of the cleanest and most massive H&S tops ever.
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.
Shorting the Most Hated
It took me long enough, but I finally decided to short Comcast (CMCSA) since its topping pattern is bigger than Oprah’s first helping of pasta with Alfredo sauce.
Permanently Asleep
Sleep Number (SNBR) has a long and storied history. It’s also bankrupt now. Embedded in these charts are some of the cleanest reversal patterns I’ve ever seen. Thus, it’s dead now, As God Intended ™.
Round, Firm Bottoms
Where Things Stand
Thanks to the, ummm, holiday of Juneteenth, indexes were frozen in time as of yesterday (even though futures were permitted to be open). The four major indexes all tell me the same story: so long as prices do not exceed the horizontals I’ve drawn, we have a very real change of the first meaningful drawdown of the year. The stars have all lined up.
