Bloody Mary Bar
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.
NFLX’s Gap Traverse Nearly Done
The Amazon
If one is speculating on more downside for AMZN, time is of the essence.
Right now, two timeframes matter most: Monthly and Yearly.
Monthly closes Monday, yearly closes in two months; both right around the corner.
If you’re in Bear’s camp, nothing could be better than delivering a deadly blow at year’s end. Let’s look at what it will take to deliver the blow.
Amazon hasn’t lost a yearly candle since 2014. Nine years later, 2021 was a near miss, up only by a ting.
Not so, 2022: AMZN has been down every quarter since January.
(more…)Not That You’d Ever Know It
Tech Sunset
You wouldn’t know it from the quotes on your screen, but this has been a bad week for tech stocks. One succinct way to see what a sea change has taken place in the market is to look at the ratio chart of the NASDAQ 100 divided by the S&P 500. The long-term uptrend has clearly broken.
