Just to show how “pegged” the market is, look at how SlopeCharts tells us the percentage of stocks that are above their 50- and 100-day moving averages. Just jaw-dropping, people…………
Almost Unanimous
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.
Picking Up the Slack
The idea that a stock is “on sale” isn’t one I normally mention, but there are a couple of decent-looking bullish charts which, today, are getting clobbered. Their bullish patterns have not been violated, however, so I offer you these two relatively young high-tech stocks for consideration:
Bonds Away!
After months of forming the pattern, bonds (TLT) finally broke support today. It’s a clean little H&S pattern.
Happiness is a Warm Gun
With the entire nation in a state of unchecked pandemonium, one sector doing particularly well is weapons. Here are four of them, with the best-formed pattern being the one I’ve mentioned repeatedly this year, Axon.
Bull Power!
No, I’m not switching sides. I will say, however, that a couple of members of my Bull Pen look especially good, and they both happen to be in the fuel cell business.
