Not long ago, I introduced the Discussion Forum to Slope, but I did so with all kinds of caveats about how it was temporary and just an experiment. Well, after some tinkering, I’ve decided it’s perfectly good and ready to stay right where it is. Of course, it’s pretty thin on content, so I’ll be periodically poking and prodding folks to add their own articles, charts, and remarks in there so that it builds out over time. But, hey, we started at zero comments, too, and now we’ve got over three million of them!
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.
Investors often refer to “the canary in the coal mine.” As the world’s largest company, I would say that Apple is a very important canary which is worth watching closely. Take note of two things about recent activity: (1) its bullish breakout has completely flopped (2) it is even breaking below its supporting trendline of the right triangle pattern.(more…)
New SlopeCharts Tweaks
I am pleased to announce some important improvements to SlopeCharts, every one of which was based on the suggestion of fellow Slopers.
First of all, we’ve enhanced the ability to see earnings dates on your watch lists. In the past, you could get a number (in red) right next to a symbol to show how many calendar days were left until their earnings announcement. Now, using Preferences, you can also see a number to show how many days in the past earnings were announced.(more…)
I would like to suggest that commodities have peaked, at least for the medium-term. Take note of where we are on the Fibonacci retracement.
GME Isn’t the Only Way to Lose
With the earnings season winding down, there aren’t many sexy stocks left for the /wsb crowd, but one meme stock that announced rather later in the cycle was Palantir (symbol PLTR). Over the weekend, the “traders” were flexing by putting in two hundred thousand dollar and three hundred thousand dollar bets, which in some cases represented most of the net worth of the given party.(more…)