In the economic calendar
FEEDThe post Seven Specific Shorts appeared first on Slope of Hope.
FEEDExactly twenty-two years ago, I walked into the Fry’s Electronics store in Palo Alto to get a few items, and I was faced with this cheerful cover on the magazine rack: The cover boldly declared that we were in the midst of a “long boom&…
FEEDWell, SlopeCharts knocked it out of the proverbial chart park yesterday morning with its oil prediction. Let’s stumble ahead into another wild-assed guess, and it is this: In other words, once the excitement regarding this Gulf Of Tonkin Retu…
FEEDThe post Emerging Markets Island Reversal appeared first on Slope of Hope.
FEEDYesterday morning, in my Oil Roiled post, I wrote: I suspect the next level of support for crude will be around $50, both because this is the next Fibonacci retracement level but also becomes humans are weirdly hung-up on Big Round Numbers. LetR…
FEEDOver the past eighteen months, the market has been absolutely flooded with money. In 2018, U.S. companies poured well over $1.1 trillion into buying back their own stock. In 2019, they’re doing the same thing, but at an even faster pace. Cent…
FEEDOne of my most consistent performers is Micron, which has a tendency to form well-formed rounded tops and bottoms. The most recent breakdown is happening beautifully and, I think, has a long way to go. Incidentally, my idea to short into the GOOGL …
The quotes are pleasantly red this morning – -ES down, NQ down, YM down – but one in particular is getting zapped particularly hard, and that is CL, crude oil, which is down nearly 3%. The /CL contract shows that, after a modest reversa…
It probably comes as no surprise to my readers that I’m not exactly the hard drug type. Choir boy. Eagle Scout at 13. All around good kid. You get the idea. I have read, however, about the experiences of those who use powerful drugs, hallucin…
