The last time I remember Microsoft shocking the market with disappointing earnings was early in April of 2000 (yes, these kinds of things actually stay stuck in my head). The stock slumped on huge volume, and it really kicked off the monster bear market in NASDAQ and the complete deflating of the Internet bubble: (more…)
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.
Ever since 2008, Google has been in an uptrend, but take a look at this chart and the V-shaped bottoms I’ve drawn on top of it: (more…)
Precious metals seem to have taken a page out of the army’s operating manual and are in a permanent state of “Hurry Up and Wait!” As with the last instance of consolidation, highlighted in yellow, prices are stuck in a very tight, boring range. My view is that once they finally break out, it will be to the downside, and we can get this party started again. (more…)