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.
In my collection of study sets, I subscribed to one particular set by a chap named Taco Flyover who was using a 9/30/200-day exponential moving average trio which seemed rather effective. Below I am putting, in order of increasing bearishness, four big ETFs with this study set. In fact, I’m hiding the drawn objects and even the prices so that the moving averages can speak for themselves, unencumbered by the raw data.
Over the course of its 192 months of history, Slope has changed its business model once or twice. A while ago, I landed on focusing on premium membership and – – in a rather risky move – – completing abandoning all advertising. This got rid of a steady stream of revenue from non-paying readers, but at the same time, it allowed me to control the aesthetics (and speed) of Slope so that I didn’t wind up with something that looked like this:
Do not believe the gentle calm of the SPY. I think all holy hell is about to break loose. One of the reasons is that if you actually look at stocks – – individual stocks – you can see the erosion, breakdown, and rot taking place. Below are a sampling of eight securities which, until recently, were just peaches ‘n’ cream. Now they suck out loud, and they’ve got miles to go before they sleep. These are representative of the fissures happening beneath the surface.
Here are some recent offerings which all share something obvious in common. Hey, remember when Snowflake was more valuable than IBM? Good times. Good times.
Snowflake. Good God, people. Anyway, I think these charts are showing us the future in a very broad sense.
The long-term bullish charts that I’ve been pointing out for months just keep accruing gains. I think the reason is that the patterns are gargantuan, sometimes stretching more than two decades. Permabear though I may be, I continue to present these as “buy ’em and forget ’em” long-term holds:
