It wasn’t but a few days ago that the “Aircraft Type” portion of a flight’s information would be overlooked by most travelers. I mean, who cares what the manufacturer and model number are, right? Well, now that the 737 MAX is all over the news, and is basically assumed to be a suicide mission if you get on board one, everyone’s making damned sure they aren’t getting on a MAX.(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.
The good performance of Micron (MU) as one of my shorts got me to thinking……(more…)
Just a reminder that the consumer staples ETF symbol XLP is still sporting one of the largest and cleanest diamond reversal patterns I’ve ever witnessed.(more…)
Haven’t looked at the XLP diamond in a little while, so let’s take a fresh look. The counter-trend rally has pushed prices well into the diamond, but we’re starting to get repulsion away from the $55 level.(more…)
The folks down in Venice Beach have done an admirable job of temporarily turning Snap’s tumble around. The stock just about doubled since Christmas, but I would submit to you that it has reached important resistance at 10.51.(more…)
Amazon (AMZN) is forming a potential bearish head and shoulders pattern, as shown on the following weekly chart.
We’ll see whether it plays out, in view of their decision today (Thursday) to abandon their project to build their second headquarters in Long Island, Queens…at a loss of 25,000 job for New York. Their statement is here and it describes the political opposition it received.
Keep an eye on the momentum (MOM), rate-of-change (ROC), and average true range (ATR) indicators for direction and velocity purposes going forward. I’ve shown their input value as one period to illustrate that more clearly. (more…)