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.
Following Friday’s absolutely grotesque and soul-crushing mega-rally (since, as we all know, a 0.25% reduction in interest rates will solve ALL our problems instantly in a few weeks), it’s encouraging to see blood on the screen this morning. The /NQ has been slowly bleeding off from its Friday’s highs.
A fresh look at the ratio charts shows that the mega-rally on Friday didn’t change a thing. All charts still point to one grand noble truth: precious metals are going to kick equity’s butt for years to come. Not all of these charts I’ve selected pertain to that, but let’s take a look.
The ratio of the Dow Composite to Silver is still positioned for a hard and sustained fal.
Back in my post on 11th April I called the likely start of a strong rally which we then saw.
Back in my post on 12th May I called for new all time highs on Bitcoin (BTCUSD) and laid out possible IHS scenarios on both Solana (SOLUSD) and Ethereum (ETHUSD), looking for ideal right shoulder lows on Solana in the 125.43 area and on Ethereum in the 2074.27 area. That hasn’t gone quite as I drew then but essentially both are still running that scenario, though Ethereum has now reached the IHS target.
Back in my post on 23rd June I called the likely lows on those right shoulders made on Solana at 126.09 and on Ethereum at 2113.65, and was looking for that IHS scenario on both to start to play out.
Back in my post on 18th July I was looking at the IHS that had since broken up on Ethereum and the progress made towards the IHS neckline on Solana.
(more…)After I wrote the other day about Walmart’s weak chart, it shot higher, up about 14% for the year. Dummy me hadn’t even checked their earnings date when I wrote the piece.
After Walmart’s earnings report this morning, Investopedia wrote that “all 12 of the analysts tracked by Visible Alpha with recent assessments recommend buying shares.” If they liked shares at $102, I imagine they like them even better now around 98.
Walmart’s earnings didn’t meet analyst earnings projections of $0.73, and instead were $0.68. Gee, a $0.05 difference and the stock price slides. (Recall at their prior earnings report in February that WMT said to expect lower earnings.)
(more…)Hey everybody, I hope you are doing well. Just a quick update from me on my outlook for UPS while Tim is travelling today. The first chart below displays the near term perspective of the chart. Following the earnings release on July 29, 2025 the stock had a large decline, falling below what I considered to be the next level of support. This is displayed by the bottom orange line, just below $90/share. Over the course of the past three weeks, price consolidated under this level and has now begun to move lower again.
