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.
The head and shoulders top on Jack in the Box (JACK) just keeps on paying off for anyone bold enough to have stuck with it. I offered up this idea as the H&S was completing, and even I’m stunned how this sucker just keeps crumbling, particularly within the context of an endless bull market for equities in general.
When it comes to health “care”, all of the attention is set on United Healthcare, for obvious reasons. Let me direct your attention to one of their competitors, however, Centene, which has completed a top spanning half a decade.
Well, there we have it. The ETF symbol XLK has pushed to lifetime highs, aided by the relentless ascent of, well, just about everything.
Below is a chart which future generations as well as younger traders of the present day will consider science fiction. It illustrates that the S&P 500, in the span of well less than a decade, had two bear markets.
These bear markets were not measured in minutes, hours, days, weeks, or even months. They went on for years, plural. These days, any drop lasting more than a few dozen hours seems foreclosed by Keynesian decree.
