What an insane week it has been, and it’s not even over yet! And, as I suspect most of you know already, there’s yet another surprise that just rolled out (it’s Huawei again):(more…)
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.
These four technology and health-related stocks are looking strong technically.
Maxar Technologies Inc. (MAXR) jumped 84 cents, or 11.7%, to $8.01 on Wednesday on 3.8 million shares, or more than 1 1/2 times its average volume. The Canadian-American space company reported increased profits despite a decline in revenue. The move broke the stock above the month-long declining channel, positioning it right at lateral resistance. If it can get through $8.75, watch for a move next to $10-$10.50.(more…)
Have you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.(more…)
My target has arrived, precisely at the number I suggested. Now is the moment of truth. Are we exhausted here, or does it get “Act 2” by pushing through the blue tint? A weakening at this point, particularly with that trendline, would be the preferred place to reverse.