In the midst of a stock market which reaches lifetime highs every day and is sporting stocks like Apple which look like this:(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.
Just about the only outlier in this stocks-go-up-no-matter-what market continues to be the consumer staples fund, which quite clearly has broken its wedge and is threatening a sustaining downtown. Seems like science fiction, but………honest!
For years, Virgin Galactic had all the dynamism of a passbook savings account. It stayed at $10, plus or minus a few pennies, for eons. For whatever reason, it recently has gone totally bananas, and volume has exploded. Just thought I’d share it:
I really hate to say it, but when it comes to charts, ya gotta tell the truth: the diamond pattern on the Russell 2000 is threatening a break to the upside. Thus, hard as it is to believe, the free pass bulls have received for the past eleven years might get another extension.
I wanted to share a trio of interesting long-term index charts that illustrate the smooth, well-defined channel over the past decade or so. Click on any chart for a much larger version.(more…)
The relentless march higher for credit card heavyweights Visa and MasterCard may be over (and take American Express with it), should PayPal prove to be the canary in the credit coal mine.
Why? Their charts look eerily similar, with Paypal potentially being the leader.(more…)