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.
If I were to look at the chart below with no idea what it represented, I would call it a very strong buy. It has a long, well-formed base. It has surging volume in all the right places. It had an enormous breakout and a successful retracement without violating its breakout. Basically, it has everything you’d want to see when you bought a financial instrument.
Super-Bear though I am, there are still some charts I think are absolutely attractive long positions for the long term. Here they are:
Another surprising beneficiary of this madness: poor-quality pizza.
I was thumbing through charts (what else would I do with my time?) when I noticed one had hit a recent lifetime high? How could this be? Well, a glance at the name told me everything I needed to know: freakin’ CLOROX. One of the few stocks that people gobbled up during this insanity.
Behold the biggest beneficiary of the Covid-19 pandemic: Zoom Communications (ZM). Note the volume in particular.
