This stock hasn’t met a downtick in its long life.
Relatedly, judging from the chart below, it’s clear that selling drugs is a solid business.
(more…)Eli Lilly Pads
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.
A Herd of Bullish Charts
Bank Problems=Poof!
So I guess everything’s fine again. Here we can see the regional banks rocking higher, thanks to the endless largesse of the federal government. Trust me, if your local bookstore is going out of business, they’re just going to go out of business. Banks are in a special class of their own.
Tech Keeps Rocketing
It’s disgusting. It’s appalling. It’s all driven by hundreds of billions of dollars of stock buybacks. But it’s real. What I’m referring to is the 3,000 points the /NQ has added since January for absolutely no reason at all except for what SHOULD be a crime: the self-dealing purchase of one’s own stock in the open market. There is, at the moment, nothing bearish about this chart.
Nu Money
Here’s an interesting chart (symbol NU) of a Brazilian digital bank which is sporting a clean bullish setup. Although, yeah, “Brazilian digital bank” is kind of sus.
