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.
I’m usually asleep this time of night (I’m kind of an early to bed, early to rise kind of chap), but one of my laptops is D.O.A. so I need to whip out my decades of computer experience and make life good again.
Before I dive into that, I’ll just say this……….I told my premium users about a trendline that was approaching on the ES. My eyes just about popped out when I saw where the ES found support. As many years as I’ve been doing this, I still get slack-jawed over the power of this simple drawings. Of course, this trendline could break, which would just make me even happier. But as of this moment, this critical trendline has done its job. Here’s a close-up……….
Given the title, I want to make clear at the outset that this post has nothing to do with gun violence, particularly prompted of the events of this weekend. I’ve been thinking about this post long before those events, and even though I am loudmouthed to a fault about my points of view, the whole issue of guns is something I’ve never, nor will ever, touch. No sense is alienating the handful of readers I haven’t pissed off already.
No, this is about something far more psychological and long-term. I am speaking of what I view is the correlation between social mood and justice. Specifically, the forgiving nature of the public during prosperous times and the vengeful disposition it takes during times of hardship.
I’m not about to wade into this political tempest. I simply wanted to use SlopeCharts sector feature and showing you the gun-related stocks it had, since the finance boards this weekend are, understandably, talking about gun stocks. Here they are, with a few words about each captioned.
Much has been made recently about copper’s decline in value. The fabled “Doc Copper” is supposed to be a harbinger of economic direction. I’m not so sure, but I will say that the continuous contract of the metal is fascinating, particularly because it’s one of the very few instances in which a Fibonacci fanline seems to be instructive about key levels of support and resistance.