Well, as Yellen likes to say……..it’s that time of the month again. The jobs report is soon upon us, and it probably will provide pretty much all the excitement we need on Friday. Of course, this isn’t always the case. The last jobs report pushed the market a little higher, but not by much, and about a week later, things started falling to pieces (the arrow below marks the report a month ago). Word on the street is that people are expecting a pretty big number, approaching almost 300,000.
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.
Gut Reactions
Earlier today, I took a look at Micron (symbol MU), which I knew was reporting earnings after the close. Since October 2012, it is up almost 400% (!!!!!!) and lately has been showing signs of exhaustion.
Swing Trading Watch-List: AAPL, AGCO, DNR, ENDP, GTI
Porky’s Plunge
Burning Down the House
The resurgence in housing and real estate has been puzzling beyond belief, but it looks like that mean old buzzard Reality is starting to circle – – the failed bullish breakout (two of them, in fact) seems to be forcing a trend change. Homebuilders is one of my larger short positions.
