This Daily chart of the GOOG:AAPL ratio shows the outperformance of GOOG to AAPL from mid-2012. Price will be nearing a resistance level at some point in the not-too-distant future — we’ll see whether, as and if that occurs, the buying picks up in AAPL and gains any momentum. If not, then we’ll continue to see the spread widen between these two technology giants (in favour of GOOG). (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.
Currencies Signalling Weakness Ahead for China?
Money Flow for May Week Two
Further to my last Weekly Market Update and its subsequent Addendum, this week’s update will look at:
- 6 Major Indices
- 9 Major Sectors
- Number of Stocks Above 20/50/200-Day Moving Averages
- Various World Markets (more…)
Tuesday’s Decline in Consumer Habits and Optimism
Brent Crude Oil vs. WTIC Light Crude Oil
The price of Brent Crude Oil and WTIC Crude Oil has been heading up, as shown on the following charts.
The question is, will the spread between Brent and WTIC begin to widen again, in favour of Brent, any time soon?
As shown on the last (ratio) chart, after breaking through near-term support, price is attempting to move up on positively-diverging indicators, to suggest that the spread may, in fact, widen. I’ll be watching to see if the MACD histogram moves above zero, along with a positive signal-line cross-over. (more…)
