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.
I am pleased to let you know of yet another technical indicator immediately available in SlopeCharts: TRIX.
The TRIX is a momentum indicator that can provide signals by way of crossovers or divergences. To access the indicator, you can either select it from the Studies Q-Z menu or by way of the Technical Studies dialog box. Adding the TRIX will present to you these controls:
Who ever would have thought that a stock that would throw off triple-digit percentage gains in under two years would be boring old Tyson, purveyor of bacon, ham, and other meat products? But it’s true, and a lifetime high is on the board today.
Gold (shown below with /GC futures) is in a massive symmetric triangle pattern. It won’t be long until it resolves one way (bullish breakout) or the other (limps below the lower line and continues to suck).
I’ve mentioned a few times about “Bitcoin at about 40k” and “Ethereum at about 3k” with respect to the so-called Animal Spirits exhausting themselves and reversing. Well, Bitcoin has exceeded this figure significantly enough to dispatch with the entire motion of a head and shoulders reversal. I still think it’s in a bear market (the downtrend has been in place for months, and the lower lows/lower highs is absolutely in place), but a hearty reversal around $40k simply isn’t going to take place.
As you probably know, Facebook (symbol FB) suffered the worst dollar loss of any equity in human history last week. In a matter of seconds, a quarter trillion dollars of shareholder valued disappeared into precisely the same source of today’s money – – – into thin air. I have less than zero interest in owning Facebook, but I at least wanted to point out it is very near its lifetime trendline.
