I decided to look at all 52 of the ETFs I followed on an intraday basis to see if I could find anything especially interesting. Well, that I did! This graph absolutely caught my attention. It’s the health care sector fund.

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.
I decided to look at all 52 of the ETFs I followed on an intraday basis to see if I could find anything especially interesting. Well, that I did! This graph absolutely caught my attention. It’s the health care sector fund.

While COVID-19 shut down movie production around the world, and delayed the release of the upcoming 25th official James Bond film…

The virus panic and response to it created a new secret agent.
Bond… SHY Bond.
(more…)As a follow-up to my Spare a Quid, Guv’ner? post from yesterday, in which I wrote:
Looking quite closely, you can see how this plays out, even to the penny. I daresay for those who are crazy enough to defy the power of Amazon and its kin, this might be an opportune time to go long QID.

It is typically the nature of leveraged instruments to get completely warped and distorted from their underlying basis. Look no further than USO for screeching evidence of that. Sometimes, however, leveraged instruments seem to follow the rules of charting even better than most “normal” instruments.
Take QID, for example. This is the ultrashort based on the QQQ. It has, naturally, eroded severely over the years, falling from almost $8,000 to a mere $16 recently. In spite of this, it is following trendlines magnificently.
