I read that the Forbes 400 list of the richest people in the U.S. had some new entrants thanks to the crazy-wild success of Moderna, a company which should drop to its knees and thank the disease gods every single day for Covid-19. As a chartist, who is not on the Forbes 400, I wanted to point out that these hotshot vaccine makers may have had a change of fortune.(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 bulwark of high-tech gains from April 2020 through September 2021 was semiconductors, This, I am pleased to say, has failed. The highest point in human history was just last month, but since then, the breakdown is quite clean. This is particularly encouraging (“Tim, you find everything encouraging”) with the shooting star reversal that almost perfected touched the underside of the now-broken uptrend.(more…)
OK, earnings season is starting again, people! And that means we can finally pretend it’s the early 1980s again and things like revenue, earnings, and management actually mean something. As is tradition, the earnings season tends to be front-loaded with the
scumbags who have ruined the United States by their greed banking sector, so it should be interesting.
Some clothes-related companies whose stocks I think are in trouble……….(more…)