Uber-Sloper BDI wrote me to make note he was watching the US dollar most closely. I decided to take a peek at the cross-rate which has been so important to equity strength, USD/JPY, and compare it on an intraday minute bar basis to the ESM4. I’ll say two things: (a) the US Dollar does indeed seem very vulnerable to a pretty major downturn; (b) The ES has some catching-up to do on the downside! In the chart below, the ES is blue and the USD/JPY is black – oh, whoops – I mean – “a cross-rate of color.”
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.
Earnings Swoonings
We’re deep into earnings season, of course, and there’s always interesting stuff going on after hours………
Tuesdays Are ALWAYS Up
Inside the Writer’s Mind
I’m terribly preoccupied with trading (of all things), so I don’t have time for a “real” post right now. I did want to share this, however. I’m kind of obsessed with Truman Capote and In Cold Blood these days, so I was delighted to find the interview below. When you have time, check it out. It’s an astonishing window into the man and his time.