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.

Tech Dividends?

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About Time Tech Stocks Begin To Reward Investor’s Patience

Third quarter earnings season is heating up Wall Street. Investors and analysts are keeping a close eye on the upcoming earnings sessions of some of the biggest mega-cap technology companies, hoping that they will deliver better-than-expected returns against the backdrop of sticky market conditions. 

Most investors are holding their breath, as the Magnificent Seven – Alphabet (NASDAQ: GOOGL); Amazon (NASDAQ: AMZN); Apple (NASDAQ: AAPL); Meta Platforms (NASDAQ: META); Microsoft (NASDAQ: MSFT); Nvidia (NASDAQ: NVDA); and Tesla (NASDAQ: TSLA) – are set to release their quarterly earnings in the coming weeks. These seven household names have added almost $4 trillion in market capitalization this year. 

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Not Slim Pickens

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There is no shortage of charts with actionable setups. Pickens are not slim. There is a veritable abundance of issues, especially during this earnings season, and here are four.

META has been a hard nut to crack.  If it is going to crack, purple reigns in the near term.

Price is above the Ichimoku Cloud (thin as a rail, it is), and in a short term downtrend from what may be a double top.

A formidable bearish rising wedge broke the highs in September 2021.

How formidable is the current rising wedge?  The negatively diverged indicator would have price falling.

Earnings are October 25.

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