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.
Yet another example of an otherwise bullish pattern souring because we ARE in a bear market, and this isn’t the right environment. In this instance, this is Fiverr (FVRR), which I’ve actually mentioned multiple times BEFORE this happened as exactly the kind of stock that’ll sputter out before it flies higher. These are seeds planted on stone. They will not flourish.
Want to see where the global economy is TRULY headed? As I’ve said for months and months, just watch commodities. They’re telling you the truth. Not JP Morgan. Not Jim Cramer. Commodities. Honest.
And, in the end, we’ll all be left with just ONE bank and ONE smug, smirking, punchable face in the form of Jamie Dimon.
I knew it. I just knew it. This weekend, I was thinking to myself about what a perilous time this was for the bears. About how it was a total make-or-break moment and how at-risk we were. The QQQ looked ready to rocket higher. Powell was on deck. The whole bit. And every single time I feel that way, the entire world falls to pieces, just like now. And, bless it, the massive gap from August 19th has done a yeoman’s job keeping prices back for nine solid months now. Just enough time to make a baby. Or something. In any event, it’s good to see we’re still range-bound.
I was thumbing through charts, and the symbol BIG caught my eye. It had a beautiful head and shoulders pattern, and I remembered writing about it (yes, with nearly 40,000 posts under my belt, I remember them all). Here’s what I said to my beloved Gold and Platinum users early last year:
