Where does their revenue come from?
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.
Indiscrete Inverted Pattern
Below is the fund for the Consumer Discretionary sector (symbol XLY) which has completed a well-formed inverted head and shoulders pattern, which is bullish.
Eastern Wither
It seems that a Communist dictatorship pretending to be a proper business environment is starting to show cracks in the facade, as China (represented here by way of FXI) continues to crumble away. If a country fund looks THIS bad in a year which has been laughably and insanely bullish and overvalued, you can only imagine that a weak world market would be like. Of course, the most common theme for 2024 is to BUY CHINA since it’s so cheap. Well, prepare for it to keep getting cheaper.
Magnificent Microsoft
Commodities Rounded Top
A few days ago, I got the impression that the commodities fund DBC had fallen by 4%, but it was just a dividend distribution. Slope’s data gets adjusted for dividends (which makes the data superior, particularly since a lot of other sites don’t bother) so now the chart is ship-shape again. I’d like to take this opportunity to point out the rounded top is still very much in place, and this time, yeah, the data is accurate!
