Tim Knight

Financial Hazard

I’d say the biggest risk for the two or three bears left on Earth right now is the financials, shown below in the form of XLF. Notice that horizontal I’ve emphasized at the 27.33 price level. We’ve got a clean IHS below it, and sh…

Paper Package

FEEDI’m having a good day, in spite of the green you see on ES and NQ (eleven years of fake markets, and still going strong!). A couple of standout shorts for me today include Packaging Corporation of America , shown here. I’ve decided to c…

Sectors Approach

Earnings season has begun! Huzzah! Although the two big bank announcements this morning (GS and C) are being pretty indecisive: What I am truly excited about is Sectors, which are coming to SlopeCharts very, very soon. We worked on them all weekend…

Old School Fake News

FEEDIt’s a quiet Sunday morning, and since there’s really nothing going on, I’d like to share with you a fun read in the form of an excerpt from the one history book I ever wrote, Panic, Prosperity, and Progress. It just goes to show …

Wells No-Go

FEEDHere’s a good object lesson provided by a specific stock, Wells Fargo: Notice the rounded top on the left (it’s hard not to, since I’ve highlighted it). It’s a beautifully-formed pattern, but what’s most important is w…