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.
Wait…
WHAT?!??!?!
YES, you read that headline correct. It’s time to be BEARISH of Apple.
WAIT! Don’t click away. I’m not crazy, and you’re not seeing things after downing one too many to get through the long Easter weekend. The numbers back this up.
(more…)I should probably be embarrassed at how much fun I had going through the economic charts in SlopeCharts over the weekend, but damn it all, I won’t be. I’ve extracted some of my favorite charts from the old United Kingdom data, which as an amateur historian I find absolutely fascinating. Just look at the charts and imagine what was going on during the time, whether it was the American Revolution, the worldwide Depression of the early 1930s, or either of the World Wars. Mesmerizing! (As always, click on any chart for a MUCH bigger version, and you can take note of what it is you are looking at by the title in the upper left corner).
In my premarket video this morning I was looking at key support and resistance to define what we were likely to see on SPX this week. Resistance I put at the new weekly pivot at 2907.7. ES was opening the week below this and if that held as resistance, then this swing high might be behind us. That has not held as resistance, ES is back above it, at 2910 at the time of writing, and WP is currently holding as support. This opens a very possible retest of the 2019 high and likely at least marginal higher high above that.
ES Jun 60min:
I was hesitant to spend two hours watching the Theranos document, The Inventor, which is available on HBO. However, three-day weekends tend to be boring for me, so I broke down and watched it. Here’s the trailer.
