I present below the ratio chart of $NDX to $SPX. The big question: is this the ideal place to buy tech stocks, since we’re at the supporting trendline, or is this the place where support cracks and tech goes from Bad to Worse? I’m guessing the latter, but you know how I am.
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.
The Cheapest Cut
I’ve said it before, and I’ll say it again: the best market in the world for Beyond Meat are the Whole Foods Markets here in the Palo Alto, and although I go into those stores literally one hundred times a year, I’ve yet to see ANYONE buy a Beyond Meat product even ONCE. This reality has been reflected in its stock, which is at a price lower than any other time in the history of the universe.
(more…)The Only One I Like
I seriously have a chance of putting my foot in my mouth with this one, but I’ll come out and say it once again: I really like Rivian (RIVN), the electric truck maker. Their chart right now……..
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