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.
Below are a series of percentage comparison graphs of a number of markets. They compare money flow between the first week in February and so far this week.
The first graph depicts gains made for the Major Sectors during the first week in February. The Financials sector made the biggest gains that week, with no losses for any sector.
An Index that I'll be watching over the next couple of weeks is the NYSI (NYSE Summation Index) relative to its Stochastics. When the Stochastics cycle has peaked and crossed over on a Weekly timeframe, as shown on the chart below, and when NYSI reaches/approaches its weekly cycle high, this can be a signal that the S&P 500 Index is reversing or about to reverse.
For a live image of this chart, please click here.
This Coca-Cola commercial for this Sunday's Super Bowl game reminds me of the markets…
…as the bulls (secretly disguised as one thirsty NY bear) pushed the markets higher from their 2011 lows, while nearly fumbling and losing control of the ball several times, to score yet another higher weekly close.
It appears that even though business purchasing managers rate the level of business conditions higher, according to data released today, actual purchase orders placed with manufacturers has declined, as shown on the graphs below.
Higher expectations does not automatically mean higher demand.
