Well, the damage to the bearish case is getting pretty bad. Even until yesterday, I could show you charts galore that looked ready to turn down. As it is now, well……..
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.
Gartmaned Again
It’s just heartbreaking……….and the ES has flown higher from even where this graph represents. Incredible. Yellen has nothing on this guy.
Q1 2016 Roundup
Taking a Big Step Back
Today stunk for me. This chart of the IWM captures the pain nicely:
(As an aside, I’m actually not in any ETFs at all, but I thought the above chart showed the persistence of Tuesday’s lift-off; it’s like the small caps “knew” of Janet’s dovishness before she said a single word).
Victory Lap Cancelled
Well, after an emotionally exhausting day Thursday, I figured we could actually enjoy a normal trading environment for a few days before Yellen on Wednesday. Nope. For no particular reason at all, the ES has roared off the “Draghi Disappointment” lows from yesterday:
