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.
This is the rare time when we can look at annual bars in their pure form, with 2024 finally put to bed. It’s tough to draw many insights from hundreds of days collapsed into a single trading bar, but let’s look at five of them.
We begin with the NASDAQ Composite, which quite obviously had a grand time this year. We closed quite near lifetime highs. I’d like to point out we haven’t had two back-to-back red bars in over TWO DECADES, so, yeah, being a bear sucks. Stay tuned, though.
Allow me to present to you over a third of a century of volatility data, which is everything I’ve got to show. I have tinted all the instances in which doe-eyed complacency has been at, or lower, than the risible present price levels. My point is simple. This will not sustain. It never has.
Here is an interesting long-term perspective, showing which markets have done the best (left side) and worst (right side) over many decades. As you can see, the US is on top for this year and last, whereas is was quite weak in 2022 (those were the days!)
