The CPI just came out, and inflation is running hot across the board (even by the government’s completed fake, watered-down metrics).
(more…)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.
Liquid Metal
Same old same old: the market shows some after-hours weakness and vulnerability, and by the time a new day rolls around, it has healed itself right up, ready for worry-free multiple expansion. (The latest excuse, which I’m seeing everywhere, is along the lines of “Apple and Tesla have been getting killed; just wait until they stop getting killed!”)
(more…)Oscar to Oscar
This weekend, I’ll be attending an Oscars party. Just like last year. The difference is the market has totally changed its attitude.
You see, last year, all holy hell was breaking lose, and in that environment, a chart like the one below (NYCB) would be crashing the entire market.
How about today? No one cares. Because every disaster is “contained“.
What a difference a year makes, huh?
Semis Continue to Lead the Charge
March seems to have embraced the same theme that February, January, December, and November did: let the semiconductors drag the market to lifetime highs. One individual example is AMD.
(more…)Following February Focus
Well, that’s that. February is over, and I’m surprised this sentiment meter isn’t reading 100.
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