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.
How about that…since I wrote my post of January 23, GOLD Futures (GC) finally hit just above its target price of 1550 on August 26…and it carried on to make a 2019 high of 1566.20 on September 4, for a gain of 21.58% from that date.
The moving average Golden Cross, that had just formed a couple of days prior to that, held, price retested the 200 MA (which is normal after these form), and the formation is still in play, as shown on the following daily chart of GC.
(more…)This is a survey of the biggest winners, on a percentage basis, over a number of time-spans. Below I have created galleries in SlopeCharts of the best gainers for 2019, the past five years, the past ten years, and the past twenty years. I want to emphasize two things: (1) even though I just told you, I’ll say again these are percentage charts, not normal charts; (2) if you want to see the big version of any chart, click on the thumbnail. Unfortunately, the left/right arrows don’t let you navigate the entire set, so you need to click on any specific chart to see it.
(more…)These three technology companies, plus a medical device stock, are showing strong technical momentum.
Lattice Semiconductor Corporation (LSCC) gained 53 cents to $19.73 on 1.8 million shares Thursday. The move, on no news and following through on Wednesday’s rally, positioned the stock at the top of its 5-week sideways channel. A break through this top near the intraday high at $20.42 could accelerate the stock towards $26.
(more…)These four stocks have strong technical momentum aligning with upbeat earnings.
Canadian Solar Inc. (CSIQ) rose $2.48 to $23.08 on 4.3 million shares Thursday, over 6x its average volume. The solar power company delivered a huge earnings surprise in its second-quarter financial release. A move through the spike high from early March at $25.89 could accelerate the stock towards $29.
(more…)Well, I most certainly do not “love, love, love” THIS kind of action. Since the government won’t permit more than a few days of selling, we were hit with some vague headline about maybe tariffs weren’t going to be smacked in China’s face (backpedaling, once again) which is all this oversold market needed to hear. Typically, markets rise slowly and fall quickly. Over the past week, it has been the exact opposite.
