Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
United Parcel Gap Filled
Oil Slipping by Gaps
Commodities have, in fits and starts, been slipping lower in recent months, and on occasion they provide a gap down to make them easier to mark.
It Wasn’t Supposed to Be Like This
It is understandable why people would be long Netflix going into earnings. (You can press Ctrl-E in SlopeCharts to see all historical earnings events). After all, NFLX reliably vaults higher every time they announce. This trend continued until……….it didn’t. As I said earlier, give me this same result with Amazon in 10 days, and this goose is cooked.
Semi Tough
The semiconductor sector has been an important bulwark in the strength of tech stocks. Looking at the SOX, it’s look to me like it is fraying around the edges. There hasn’t been a negative crossover yet, but it’s getting close.
Perfect Amazon Gap Fill
I mentioned this yesterday; I must agree with the President on this one!
The Line of Resistance
I would first like to point out that the title of this post isn’t “Mind the Gap”. And why is that? Because cliched post titles turn my stomach. It’s the most obvious, tiresome, overused title whenever a post like this comes along. And I’ll be caught DEAD before you see me title something “The Good, The Bad, and the Ugly.” Jesus, man.
Anyway………..the point I wanted to make was that the gap between Friday and Monday bears close scrutiny with respect to the entire tech sector. My view is that today’s UNGODLY boring trading action is just a pause in another leg down. That red line has to be conquered by the bulls in order for them to wrest control back. This trade war business is being vastly underrated in its importance.
SNAP Gap Back Zap
Snap, Inc. (you remember – “the camera company”) has been rallying mightily the past few weeks. I just wanted to point out the last time it vaulted to close a gap,the follow-up wasn’t so spiffy. At least for the short-term.
