Let’s catch up on some ETFs after this very, very green day. We begin with the biggest of the big, the SPY, which is re-approaching that terribly important red line, which marks a major Fibonacci level. It used to be support. Now it is resistance. Keep in mind, this is a huge week for the central bank douchebags (Japan on Tuesday, our own illustrious Fed on Wednesday).
(more…)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.
Maximum Volatility
Slope has so many features, I manage to forget some of the very coolest pages. During earnings season, the Graphic Earnings and Volatility Page (exclusively for our awesome Platinum members) is a beauty, particularly since you can choose to see the Highest Volatility stocks for any week.
Sofi Psych!
Back in July, I’m sure a lot of SOFI fans (an organization which has sent me, personally, about 500 pieces of US Postal Service junk mail about refinancing) were high-fiving about the salvation of their fallen angel.
(more…)Care Bears
Interesting to see how big the dips have been over the long haul. Covid was a monster, and snuffed out way too quickly.
Cover Curse Cruelly Continues
I knew it. I knew it, I knew it, I knew it. All human history shows the same thing. Get on the cover of a magazine or, even worse, have a major book come out about you, and you are HOSED. I have subtly put some arrows marking the PUBLICATION DATE of Elon’s biography. Notice anything happen since then? Yeah, it rhymes with “market cap downs hundreds of billions of dollars.”
(more…)