It’s been a while since I’ve offered a bullish chart, so I give unto you DoorDash (symbol DASH) which has completed a nice triangle bottom.
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.
Simply stated, massive support has morphed into massive resistance. The tide fully turned by October 15th, and now that we’ve plunged beneath all three Fib levels, I’d say TSLA isn’t getting much past the very low $200s for a long while.
YIKES! Take a look at JetBlue. It looked for a while like JBLU might be shaping up as a prospective good long position. Clearly the company is a catastrophe!
One of my favorite movies of all time is Magnolia, and one of the big reasons for this is Aimee Mann’s music. Here she sings a couple of songs from the movie at a recent live performance:
Last night, the Japanese Central Bank did its thing, which as the chart plainly shows means pounding the country’s currency into 1-ply toilet paper. Japan was a thriving, prosperous, growing economy until the late 1980s, after which time it has been an increasingly desperate simulacrum of the real thing.(more…)