In spite of a brutal, brutal day (Wednesday May 30th) in which the bulls beat bears with baseball bats, I would like to humbly submit to you 30 short ideas I am considering. Why 30? Well, that’s how many I got together before I decided it was time for a new post (I only got as far as the letter “I”). The first 15 are for everyone, and the second 15 are for PLUS members only. Click on any thumbnail to start scrolling the gallery.
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.
There are some stocks which are simply impervious to pain. Yesterday, for example (which feels like about a decade ago at this point) was a big down day, but if for some reason you were only looking at Amazon or Netflix, you would have had zero idea. None. They just keep going up or, at worst, go down a few pennies.
The same can be said for Apple. The world’s most crowded trade hasn’t suffered any negative effects from its crowded-ness. I mean, just LOOK at this:
I am delighted to tell you about a feature I’ve been anxious to release: SlopeCharts in Comments. What I mean by this is that you can “push” a SlopeChart, with whatever drawn objects, indicators, notes, or anything else you’ve put on it, directly into the comments stream. You can also add a remark to accompany the chart, although that isn’t required.
This just adds to the other ways you can “distribute” SlopeCharts already, including emailing, printing, and downloading.
Using this new feature is a snap. From within SlopeCharts, just click the Menu button or right-click anywhere on the chart to present the menu. You see the new choice:
Well, “BTFD” has worked for the 1,730th time in a row. It’s no surprise people believe in that simple strategy so much.
The market continues to be a mixed bag. Utilities, for example, my favorite index short, is still looking picture perfect from a moving averages perspective (which is all I am showing in this post). The crossovers are exactly what I want to see.
Hello, Slopers. I’m typing this late on Tuesday night. At the risk of unnecessarily embarrassing myself, I’ll go ahead and apologize for having some downtime Tuesday evening. Not to drill down into the gory details, but we were upgrading our security certificate (SSL) since we have a few “edge” cases (like folks on mobile phones) where the SSL wasn’t working. Well, a nuclear bomb pretty much went off, and after some very intense work, we were back in business again. But I deeply apologize for anyone who was wondering where the site was Tuesday night.
So as for the markets, what’s absolutely crucial is bonds. I keep saying that, I know, but it’s only because I believe it so deeply. As horrible as the past week has been for bond bears like myself, NOTHING has altered my big picture view. The topping pattern is huge, and the long-term trendline is broken. Period. End of story.