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.
Thanks to TK’s posts about the “Unicorn Stocks” starting to gain in volume and price, I noticed that many of these newer stocks are starting to make bottoming formations. This lead to me to look through my watchlist for other basing patterns, in particular, thecup with handle formation.
Some of these stocks have fallen due to earnings, some may be due to Trade War fears. Now they appear to be bouncing back. Most of these patterns still need to complete the base, and form the “handle” if there will be one. Either way, here is the list of stocks with the patterns drawn in, all forming over varying time scales.
I’m very excited to tell you we’ve made great progress on brokerage integration. For the moment, this is focused on Tradier, although if this meets with success, we’ll expand from there. This is currently in test mode, but if you’ve got a Tradier account, I’d love for you to try it out. (You need to log in first for it to work).
There are three ways to get to the trading screen. From the Tools menu in SlopeCharts:
A smattering of newer issues continue to strengthen. The ones with surging volume are of particular interest. I don’t own any of these, of course. I am short 50 positions and am looking for more victims. Click any chart for a large version, and you can see the symbol and name in the upper-left corner.
My “triad” of strategy: bullish bonds, bullish gold, bearish equities, is my three-legged stool for 2020. I am pleased to see bonds (by way of TLT) with a bullish island reversal pattern this morning, after some fake-out weakness last Friday.
Welcome to the shortened week, folks (I have a dream too; that we never have any holidays again.) I’m having a terrific morning, in spite of the corrupt, blind, and malevolent pigs known as equity bulls trying to push things up. I’ve got a very healthy profit, and here are five standouts on this fine morning. It’s feeling like a stock picker’s market, and that gives me whatever is equivalent to a smile.