From an earlier post by Biiwii.com guest Doug Noland:
Senator Dean Heller: “A quick question about quantitative easing: Do you see it causing an equity bubble in today’s stock market?” (more…)
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.
We live in a very complex world, and even I don’t think history repeats itself perfectly. I was curious, though, to see how the market had behaved with respect to time during the last prior run-up. Below I’ve (crudely) drawn a box representing the length of time of the 2002-2007 bull market; it spanned almost precisely five years. I’ve also (again, crudely) drawn a box for the present run-up (which in my opinion bottomed in November 2008, broadly speaking, in spite of the nominal lower on the S&P 500). So we’re kind of “due” around now. (more…)
What a weekend on Slope. In my four years of participating on Slope, I can not remember the last time nerves were this raw. Personally, I think its a sign of capitulation, and more importantly, a mark of a market reversal. But that is not here nor there. I want to write about what its like to trade as a Pirate. (more…)