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.
Shown on the following weekly chart of the S&P 500 Index (SPX) is a one-period moving average (hlc/3) in the form of a blue cross.
As such, each cross represents weekly support and resistance levels. I’ve chosen to highlight a zone/range taken from the moving average from the week of March 2 (resistance at 3003.54) to the week of April 6 (support at 2727.65). The midway level is 2865.
The Balance of Power (BOP) currently lies with the sellers on this weekly timeframe.
(more…)I prefer being different. And, until recently, I was fairly different, since I’ve worked from home for over a dozen solid years. Yet I’ve been joined, in a broad sense, by tens of millions of people who have been forced from their proper offices back into their houses. And, judging from the media out there, “working from home” is supposed to look like this………..
One of my favorite stocks to watch during the earnings season is Netflix (symbol: NFLX. Come on.). I avoid this thing like the plague, but I like to sit in the bleachers and observe the action.
Imagine how weekly call owners must have felt when they saw NFLX after earnings came out. Visions of new sports cars dancing in the heads of WSB adolescents. What a thrill!
I’ve lived in Palo Alto my entire adult life. The main drag in town is called University Avenue, which is sort of the Rodeo Drive of the area, with expensive, high-rent retail spaces. This weekend, I took a quick drive down this street, which was a glistening mecca of gold-plated retail just a few months ago, and took the following pictures. I can’t remember the last time I saw even one For Lease sign on this avenue prior to 2020, but just look at this………….
I did a couple of surveys recently whose results I wanted to share. The first was the “what color is this shoe?” that RuffPups introduced us to. It looks like 3/4ths of Slopers saw green and gray (which I believe means left-brained) and 1/4th saw pink and white (which is right-brained). Given the extremely slight, almost too-small-to-measure male skew here, I’m surprised it wasn’t even more tilted.
