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.
After the close, three huge firms – Tesla, Microsoft, and Meta – all report their earnings. I’ll try to do a “quick take” post shortly thereafter, but in the meanwhile, you can contemplate this chart of Meta’s bonkers advertising revenues.
One of the few reliably weak semiconductor stocks in this insanely overly supported market is Arm Holdings (ARM), whose stop-loss I simply keep tightening. Considering how this compares to, oh, let’s say Micron (MU) there is clearly something very wrong with his company.
One stock I’ve suggested for a short position weeks ago, Axon Enterprises (AXON), continues to slip away. I suspect part of the reason is that the whole police state thing is starting to lose its appeal. The stock chart is shown below, featuring sub-human Gruppenführer and lesbian spokesmodel Greg Bovino.
If you ever need to describe to someone what utility chart patterns have, or even more specifically, you are looking for a great example of a basing pattern followed by a breakout, may I suggest GLD. This is one of the most fantastic examples of classic technical analysis at work that I’ve ever witnessed.
