Up 70% in exactly THREE WEEKS.
And There It Is
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.
Within Range
Yep, we’re going to talk about Tesla again. Why? Two reasons. One, I’ve found that financial instruments are like people – – you get along well with some, and not-so-well with others. My experiences has shown me I get along with Tesla. I tend to understand it. The second reason is that I believe Tesla’s behavior is enormously influential to the psyche of the entire stock market. Now that we’re past the TSLA earnings report, we can consider this effect, which at the moment is very positive.
Shopify Lift-Off?
Well, since almost the entire sell-off this morning has been blown to hell, let’s trot out a long idea: Shopify (SHOP) which has completed an inverted H&S basing pattern.
Disturbing Images
I’ll admit it, seeing these charts of the Dow Industrials and Dow Transports sends chills through me. I’ve marked the breakout points with green tint. (Note: I composed this a few hours ago and would note, with some interest, that it’s intriguing how much red I’m seeing right now, after the blow-out response regarding Microsoft).
Ted Baxter Reporting
Well, in a goes-up-every-day market like this, might as well offer a long idea. Here is the multi-decade view of BAX, which seems to have found support at a major trendline.
