I keep track of the electric car companies. Here are the big boys, listed in order of performance, from bad (Tesla) to absolutely horrible (Ree). Enjoy!
Electrocuted
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.
Take Five. Again.
Let’s burn on some time waiting for that supervillain Powell by enjoying this:
Iced Coffee
I remember it like it was yesterday. It was late in 1992, and the partner in my startup, Prophet Financial Systems, told me excitedly that Palo Alto finally had a “real” coffee shop called Starbucks. I had never heard of it before, but he said it was absolutely incredible and that I should try it.
Well, every other storefront in Palo Alto is a coffee shop now, and frankly I’d never even consider going into a SBUX to pick from one of their overly-processed, super-sweet, fat-Americans-pandering “drinks” which are basically 700 calorie desserts in a cup. As a chartist, I simply wanted to point out that the company has broken its long-term trendline and, having lost almost half its value, is illustrative of just how weak the market is now.
Oversold Bounce
On 5th July last year I was updating my SPX monthly chart and added a scenario for a retracement that I thought might take place in the next few months, and talked about that in webinars at theartofchart.net. On 6th August I then wrote a post about that scenario looking for a backtest of a trendline on the monthly chart that was in the 3800 area at the time. That trendline is now in the 3930-50 area, and that is my main target for the retracement we have been seeing so far this year.
(more…)Extreme Bloating
I don’t trade it myself, but I know natural gas has been a hot topic this year. Take a look at UNG: it seems unstoppable, all starting with its cup-with-handle bullish pattern.
