That dashed line at 64.79 is my stop-loss, and I’m watching every tick of this sucker for weakness.
Watching NEE Like a Hawk
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.
Two Paths in the Woods
Want to see some world-class divergence? Below are Nvidia and Tesla since late 2021. NVDA is up about 300% while TSLA is down about 40%. Pretty remarkable, I think.
Friday Morning Banks
The earnings season is finally starting, and here are the key companies reporting on Friday morning:
RIP Rivian
The electric truck maker Rivian – – whose design sense I’ve always admired – – is seriously failing. The stock is down 95% and at lifetime lows. It seems the electric car business is pretty awful.
Surging Rates
Take a look at the chart of TBT below, which is the ultrashort ETF based on bonds. It clear shows how interest rates are heating right back up again, thanks to Powells limp-wristed, politically motivated kowtowing to the White House and his feeble efforts to tiptoe around the surging inflation around us (which is closer than 20% than the laughable 3.5% he claims it up be).
