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.
With our new age of warfare, I was curious if there were any ‘pure play’ drone stocks out there. Well, I found one, and as a chartist, I can tell you it’s a beauty: Kratos, shown below, which is sporting an absolutely beautifully bullish pattern.
I am showing AXTI below simply because it boggles the mind: it has moved up thousands of percent in a matter of months, and even with all the mayhem happening around us, there isn’t a downtick in sight. This is the kind of thing I know will ultimately reverse, but I’m not going within 300 yards of it.
I was tempted – – insufficiently, it seems! – – to buy RIVN yesterday morning. I was impressed that it was actually up in the face of so much selling. The past four trading days have produced green bars, which in this environment is remarkable.
The finger is already inside.
Lumentum (LITE), like Corning (GLW), seems to be a stock that has never met a downtick. It just the past ten months, it is up something like 1200%. Why? What on Earth?!?
