Just one simple chart to ponder on this Saturday – ProphetCharts has the ability to hide price data so you can focus just on derived indicators. Below is a trio of simple moving averages – 50, 100, and 200 – over the past five years. I find the parallels between the "failed breakdown" (circled) in 2006/2010 and the beginnings of the real breakdown (rectangled in 2007 and right now) to be interesting.
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.
Slope End Of Week Video July 15 2011
Brian Johnson with thestockmentor.com and a typical boring Friday wander-around-and-ultimately-go-nowhere-should-have-walked-the-dog day in the markets. Overall markets were down for the week but the pullback is very controlled. Earnings season should be a huge deciding factor in our next direction.
Debt Ceiling Drink-a-thon
I'd like to propose a toast to some late, great Slopers that have departed for unknown destinations. Cheers!
+ Nathaniel Goodwin
+ Fujisan
+ Salt
Feel free to add others. Have a good weekend, everybody.
