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.
An Amazing Trend Tag
The biggest financial news of the day, on an individual stock basis at least, is the hundreds of billions of dollars of shareholder value that have vanished for META. As your resident chartist, what I find interesting is how powerful the lifetime trendline of META continues to be.
Let This Be Your Last Battlefield
I would like to propose the counter-trend bounce is largely done. The Dow Industrials added 1,000 points from last week’s low, and the NASDAQ futures have been hammered out a series of violent “lower highs” for weeks now
Truckin’
That Amazing Midline
I am honestly in awe of how charts have been behaving the past couple of months. I have been doing this my entire adult life, and I’ve looked at literally millions of charts, but this must be one of the most chart-compliant markets (in retrospect!) I’ve ever seen. Just look at the NASDAQ 100, and focus on that dashed blue line, which is the midline of a multi-decade channel.
