Just to mix things up, a long idea for a change. This is Clean Harbors. It isn’t cheap (p/e ratio of 60!) but if it pushes above that horizontal, it’ll be a very impressive breakout.
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.
Great news for North America! SlopeCharts now has Canadian stocks!
This are immediately available to everyone. Just enter the symbol followed by the exchange, such as BNS.TO (that’s Bank of Nova Scotia on the Toronto exchange) or CUV.VN ( the .VN indicates the Venture exchange). I’ve created just a few sample charts below from the great white north. Enjoy!(more…)
Contributed by Hedge Fund Tips: In the past 30 years, we have had 7 instances of sequential S&P operating earnings drops of 6% or greater (data table below highlights sequential drops in yellow/red). In each case, it was not a positive – and a stock market correction reflected the downturn in economic activity.
There is a KEY distinction when referring to sequential operating earnings declines:
In 5 out of the 7 times, the sequential drop was limited to 1 quarter (SEE Blue Vertical Lines Above) – meaning the following quarter came in above the previous quarter where there was a precipitous operating earnings drop of more than 6% sequentially.(more…)