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.
Well, I can hardly believe my eyes, but at this point we have basically re-created Prophet.net I seriously never would have guessed it possible.
Specifically, we now have the final piece of the puzzle on Slope, which is a streaming quote portfolio. I want to be clear this is an “alpha” type release, but you can choose SlopeMATRIX from the Tools menu and go to the new page.
Together, the 5 FAANG stocks + 5 tech stocks make up FNGU (an exchange traded note that tracks 3x the daily price movements of an index of US-listed technology and consumer discretionary companies…the index is highly concentrated and equally weighted).
The following 1-year and 2-month daily charts of these 10 stocks, FNGU, plus INTC, show price action relative to their 20 and 50-day MAs, as well as the Rate-of-change (ROC) technical indicator.
Ten out of twelve of them have broken their uptrends, some more recent than others, while others have been mired in sideways consolidation zones for months. “Shock drops,” together with high volumes and accelerating ROC, occurred last week on FB, TWTR, INTC and FNGU, while NFLX experienced those on July 17 and is attempting to stabilize. (more…)
It was, as is my habit, an early morning for me. Weekday or weekend, I get up before the sun. I walked to the library of this magnificent place we’re staying in Healdsburg, alone, since most people have the good sense to sleep in late on a Sunday, and I was intent on writing about something which has been on my mind a few days.
The shelves of the library were filled from end to end, and I was drawn to one particular pair of shelves which seemed surprisingly homogenous. On the spine of a book it stated: HARVARD CLASSICS and, beneath that, THE FIVE FOOT SHELF OF BOOKS. There were dozens of them, all numbered and arranged sequentially, with various public domain classics from the past couple hundred years of writing. I suspect someone bought it years ago from one of those Sunday newspaper magazines for folks that wanted to appear erudite by filling their nude shelves with impressive-looking volumes. The capitalized declaration was, for me, more like an intellectual pratfall. (more…)
