Meh. I don’t like the vibe here, so it’s time for a new post. And it’s to celebrate this:
Discord
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 Market’s Back (For Now)
Thank You, SBJ!
There have been many instances at 5 a.m. when I’ve reached down to grab my iPad off the side of the bed, nervous about what I’d see once I fired up the quotes, but this morning had to be one of the three hold-your-breath occasions. I’ve never been so happy to see red in my life, and the ES, NQ, and RTY were all solidly down, prompted, at long last, by the reversal in the USD/JPY juggernaut.
Overachiever
One of those shorts-I-mentioned-ceaselessly-but-did-nothing-about is Albermarle (ALB) which has got to be the steadiest and most consistent performance or any short I’ve seen in eons. It looks on track for an ultimate meeting with its lifetime supporting trendline.
Dime Bagged
Five9 (FIVN) is an item I’ve mentioned here and on my tastylive show, but in spite of the tinted area representing a compelling reversal zone, it was too thinly traded for me to pursue it. I did write it up early in 2022, when it was about four times as expensive as it is right now. In any case, this is another victory for good old-fashioned charting.
