OK, once I recover from my vasovagal episode, I'll do a post. In the meantime, I need to survey the damage wrought by today's huge rally.
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.
Strong FAS, Weak WMT
Yes, it's a pre-stitch-removal entry. Would you expect any less?
Holders of FAS will be delighted to see pre-market quotes up well over 20%. The news from Wells Fargo pushed up the whole sector (I, who have the opposite FAZ, am prepared to take it in the gut). Wal-Mart (WMT), in spite of a very strong pre-opening across the board in equities, is down nearly 5% due to squishy sales data.
From yesterday morning until now, we're up a full 40 points on the S&P. A pretty amazing ride for 24 hours! It will be interesting to see if the three-day-weekend jitters compel people to take profits or not. I'm off to the doctor soon, so I'll see you post-op.
Great Moments in Tax Preparation
I was honestly faced with the following while finishing up my taxes………..
In Stitches
Just a heads-up that I've got an appointment first thing in the morning (taking me away from my beloved charts during market hours – grrrrrrrrrrr) to have the stitches removed from my unfortunate incident 10 days ago. I'll do a post once that's all done with. Pray for me.
