Apple sits at the 2003 uptrend formerly-support-now-resistance line and is testing the AAPL/SPY ratio top. The company is still in a long-term uptrend versus QQQ. Break this one and the whole market is in trouble given Apple’s weight in the indexes and funds.
(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.
Mushy Bananas
Holy God in heaven, people are stupid.
Let’s dial back the clock to August 2020. Until then, no one gave a crap about Gamestop (GME). Thanks to Roaring Kitty, however (AKA DeepFuckingValue), the entire planet got obsessed and push GME up 100-fold (10,000%!!!!!!) in a few months. The whole GME=Meme thing was hot and heavy from August through March, or about eight months. A human baby could have almost fully developed in the same timespan, from glint-in-the-postman’s eye all the way to the joyous birth.
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