Anyone remember this from ZeroHedge back on March 17th?
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.
Complex Double Zig Zag Formation?
In my prior post, I summarized the biggest opening drop of a New Year in history with this chart back in January.
Fear Has Left the Building
Incredible. In a matter of weeks, we’ve gone from a VIX in the 30s to a VIX that is threatening to go SUB-TEENS. Trade accordingly………like this guy:
Deprogram Yourself
The title of this article is not an assumption that you, astute reader, are little more than a robot following the direct and implied commands of other robots when trying to make logical sense of the state of modern financial markets. Personally, I have found that I need to stay on a path of post-deprogramming maintenance in order to stay right with a complex market backdrop.
On an inward-looking basis, we as investors and traders are faulty humans going up against robots (Ref. Rise of the Quantitative Robots) that are much smarter than we are with numbers, with data mining and with extrapolation. What do we have, puny little human brains with all associated biases, ego distortions and other faults? Yes, that is us.
The Market and Terrorists
I like to use the Quora.com site, and someone on there just asked me a question about how terrorists affect the stock market. Since I took the time to answer it, I might as well recycle my contribution here:
The general answer is a very unsatisfying one: “It depends.”
What I mean by this is that the market’s reaction will be very contingent upon how the market is feeling about itself in the first place. If the market is weak, and people are scared, then a terrorist attack – – or even the threat or rumor of one – – will send the market reeling (although, usually, briefly).
