Sloper (and beloved Gold member) “Violet” posted a chart into SocialTrade of a stock I had forgotten all about…………Lumber Liquidators (symbol LL). Indeed, it’s got a spiffy little topping pattern in recent weeks:(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.
Below is a chart of DBC, the commodity ETF, over its entire lifetime. I have taken the unusual step of making the range of the Y-axis extend to $0 to illustrate more plainly the prospect for lower prices as the third instance of overhead supply takes hold.
I took a stroll through my Futures watch list, and there seem to be some major reversals at hand, particularly in the world of commodities. As always, click on any chart for a giant version.(more…)