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.

Another Nightly Reversal

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Up one day, down the next. Over and over. Our “toggling” market is still very much intact. Right now feels just like early Monday morning, when an overnight drop had been replaced by strength. Thanks to more horrible economic numbers from China, the ES had been down over 20 points, but as I type this, it’s up over 5 points. On an intraday basis, the market is still quite vulnerable to falling hard on Thursday (exactly a week after Yellen’s press conference caused the market to start its drop, and appropriately enough, on a day when she is scheduled to speak yet again).