I am delighted to let you know of another improvement to our wonderful SlopeCharts product: the Andrews Pitchfork drawn object. (Press Ctrl-F5 to refresh your SlopeCharts page if it’s already up and running).
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.
Market Week with Slim
The Retail Miracle
One sector that looked ready to falter as recently as last August was retail. As measured by the symbol XRT, however, retail has ascended overall by about 25%. I wanted to show some specific stocks that were bullishly configured and a few which still seem prone. The bullish ones include gargantuan Walmart:
Weekend ETF Overview
Let’s take a look this weekend at some of the major ETFs and what they might be suggesting for the weeks ahead. I’m doing these in alphabetical order.
We begin with the triple-bullish-on-real-estate fund DRN, which has been on a tear for months. (Its less volatile brother, IYR, has been acting the same). This is kind of a fascinating chart, because it is precisely at the apex of its symmetric triangle. Of course, that doesn’t mean it tumbles into oblivion on Monday’s opening bell, but I would at least like you to note this “juncture”:
Working Bar
