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.
AXON makes a great chart. Starting with the Quarterly, to illustrate its weight in the fact that price has respected the blue channel since 2008. Price coming down off the top of that long term channel, as it is now, could portend a timely trade.
For consideration, here are three stocks that don’t look as tho they can pass the muster to be bullish.
The CLX high was in August 2020 and for four years, the chart shows a crotchety mess, struggling to climb back. CLX is a WeakWilly.
Examining the chart of the S&P 500 futures [/ES], note the bearish rising wedge formed from the October 2023 low (purple). Then note the smaller, short-term wedge emanating from the May 31, 2024 low (also purple, inside the aforementioned larger wedge).
The bond market, known as the debt or the credit market, is where investors go to buy and sell debt securities issued by corporations or governments. The U.S. bond market is more than 30 percent larger than the stock market in terms of total value of securities traded.
Bonds are given an investment grade, denoting the risk a bond has of defaulting. A bond with a “AAA” or “A” rating is high-quality, while an “A”- or “BBB”-rated bond is medium risk. Bonds with a BB rating or lower are considered to be high-risk.
Bonds are susceptible to risks such as inflation and interest rates. Aren’t those key topics of the day/month/year? So. Shouldn’t we be paying attention?
(more…)Despite priding myself on organization, my watchlists in SlopeCharts have become anything but and are instead a hot mess of charts not reviewed in months (and in many cases, years). Oh, dear. Goes to show how leaving for tomorrow what can be done today, has a way of messing things up.
Taking watchlist cleanup on as challenge, I began the process thinking there would be plenty of purging, but so far, that’s not been the case. I started with just the “short” watchlists, four of them totaling 178 issues, and haven’t nearly gotten through those. Another factor is that most of the charts I’ve reviewed so far still deserve the “short” classification.
Starting with good ol’ almighty SPY, here are a few charts plucked from the still-messy short watchlists. [Note for all charts: green and red horizontals represent the top and bottom of the Ichimoku Cloud.]
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