Sorry to keep mentioning palladium (wait, why am I apologizing for bringing this to your attention weeks ago???) but I wanted to highlight the fact that the base has completed, and the /PA price has reached escape velocity.
Completed Base
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 Megatop Flops
I did this post on Centene (CNC) two weeks ago, in which I described their chart as “a top spanning half a decade”. Well, it’s getting blown up after hours by over 20%, so I’d say that wasn’t a bad guess!
Small Craps
Well, finally. Finally, finally, finally the /RTY actually falls for the day. And yet – – once again – – we are at the Fibonacci!! This sucker has been playing jump-rope for what feels like years at this point. Make up your mind! Even better, make up your mind to go DOWN and STAY down! Good grief!
Two Silver Linings
Following the historic bombing of Iran over the weekend, the reaction to which was an over 600 point drop on the Dow according to the Weekend markets, some cynics began to write “It’ll be green by the open!” Yeah, yeah, you silly boys. Give me a break. Not this time. It’s WW3, after all! And yet………
Still in the Game
I’ll start off with this item: JP Morgan laid out in great detail precisely how likely various CPI results would be this morning and what the consequences of the number would be for equities. Kindly direct your attention to the highlighted portion.
