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.
Tesla’s evidently big news that all the big car makers will be able to use their supercharging network is very bad news for the other companies whose raison d’être is doing PRECISELY the same thing. It’s sort of like Elon is going to own all the gas stations (but electrical) in the country. Thus, the companies that had briefly enjoyed a comet ride thanks to the (failed) Build Back Better Biden Bacchanalia are now plummeting toward irrelevance.
Preface to all ETF posts this weekend: This is not a normal holiday weekend. Supposedly, when we return to the trading world Tuesday, there will be some resolution (or more chaos) regarding the debt ceiling. In the meanwhile, I have gathered together different families of ETFs for review, and I have stated my remarks in the caption area below each.
I would also like to note that, as a special this holiday weekend, I am giving away my Joy of Charting book, which I will ship to you free of charge for signing up at ANY subscription level. Just drop me a line when you subscribe to tell me where to send it. As an added bonus, I’ll also provide a copy of my Solid State audiobook for your listening pleasure, free of charge!
The real estate fund is a vital element of the bear market. It has continued hammering down its series of lower lows and lower highs. Long-term, it needs to take out its low from last October to let the larger pattern fully express its downside potential.(more…)
Since we are in the throes of this semiconductor mania, I wanted to point out a couple of semi companies which, unlike Nvidia, are actually bearishly-configured and are pushing back to appealing prices.