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.
Slippery Breadth?
It seems that, in spite of the lifetime highs, the raw strength of the market is starting to wane, as this chart of the percentage of stocks above their 200-day moving averages illustrates.
Street Wrap
Yesterday was an important inflection point, now that the most overrated company in the history of the world is out of the way. As I look at the S&P 500 futures this morning, I’d say that 5316 is an important base to what looks like an interesting right triangle reversal.
Dow Non-Confirmation
The Dow Industrials was over 40,000 just two days ago, reaching levels never seen in the history of the universe.
Log Flume Ahead
It’s here. Nvidia day. You’d think Jesus himself was coming back, considering how much importance is being ascribed to the quarterly earnings announcement of what a few years ago was just an obscure maker of graphics cards for serious gamers. Ever since the /ES blasted to lifetime highs last Wednesday, we have been absolutely parked at these levels, since there’s nothing to drive this market (not even the surprising death of a major world leader from a belligerent country).
