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.
Apparently, there was a BBC program back in 1995 called Tomorrow’s World which set about to do the impossible: speculate what life would be like thirty full years into the future. That would be………well, us. Right now. It’s interesting to look at some of the predictions made back then (and, I’ve got to tell you, 1995 honestly doesn’t feel that terribly long ago to me).
Sounds like cheesy 80s porn, right? It isn’t meant to; this has to do with nurse (and other) uniform maker Cintas (CTAS), which looks like a prospectively interesting long-term short position, based on this top and price gap.
Let’s look at seven key index charts before we head into CPI week.
We begin with the NASDAQ 100, which is approaching a VERY important channel midline. That dashed line goes back a full 15 years (!) and, if broken, signals more wind in the bearish sails.
Here is a novel and succinct way to illustrate annual returns for the stock market of a period of many years. I guess I’m a 1931 kind of fella, which is the year my late father was born.
