Howdy, Slopers. I felt like showing some retail stocks tonight, so I used the handy dandy Sector Filtering built into SlopeCharts to display only retail-oriented securities.
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.
Will the Dow Jones US Retail REITs Index Recover From Its 34% Decline?
After dramatically dropping 34% from its historical high of 151.85 from mid-2016 to a low of 99.98 in May of this year, the Dow Jones US Retail REITs Index has been stuck in a sideways trading range and is attempting to maintain a stable position above a long-term 40% Fib retracement level of 102.42, as shown on the following Monthly, Weekly and Daily charts.
Longer term, the Monthly momentum and rate of change technical indicators are hinting of further weakness.
In the medium term, the Weekly momentum and rate of change technical indicators are hinting of potential strength. (more…)
Auto Retailers Reverse Hard
This morning, the auto parts retailers opened up strong and reversed down hard, closing their gaps:
Technology and Healthcare are the Big Winners of 2017
It’s all about the Technology and Healthcare sectors this year, in terms of gains made, so far, as shown on the following 1-year charts and year-to-date graphs of the Major Indices and 9 Major Sectors.
The laggard, Energy, may be poised for a recovery, if it can hold above its downtrending 50-day moving average.
The Materials sector is on the verge of new breakout. Keep an eye on GOLD and Gold Miners ETF, as I’ve recently described here and here.
The Russell 2000 Index is still mired in a large-scale sideways consolidation zone. Watch for any breakout (and sustained hold) above this zone as a potential signal of renewed and serious riskier asset-buying in the markets, in general. (more…)
