OK, the earnings tidal wave continues. I mentioned here on Slope, and on my show, that the one I felt was “most vulnerable” was Alphabet. So far, I seem to have hit the nail on the head.
(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.
Tuesday’s Tech Trio
This is one of the biggest earnings days of the quarter. There are three mega-cap technology companies reporting. First there is AMD, which is near lifetime highs and is sporting the oh-so-reasonable P/E ratio of 1,402.
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Could This Be It?
This market will never fall as long as semiconductor companies keep printing lifetime highs every day. Thus, it’s important to keep a close eye on such beasts as NVDA, AMD, INTC, and, shown below, SMCI. They reported last night to tremendous effective, with the stock blasting higher than it had ever been before. What’s interesting to me is that the stock peaked at $570 after hours and has been slipping all day long. It might even close below $500 today (possibly……..) if this keeps up.
(more…)The Knight Who Says NEE!
Yes, yes, you’ve seen it before, but Next Era (NEE) is such a beautiful top, it merits another presentation. This is one of the most beautiful tops I have seen in my life.
(more…)Teetotaler
On a weird day, in a weird year, in a weird decade, folks were wondering what on Earth compelled all the equity markets, which were already at lifetime highs, to explode higher in the final hour yesterday. The explosion was universal, including the /ES…….
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