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.

NASDAQ Losing Support

By -

Since Apple decided it would be a great idea to try to dodge U.S. taxes, they’re now getting pummeled by European tax authorities many years later. In other words, the money that might have flowed to our own country is instead going to Europe. Well done, Apple. You can take that smug, stupid “Designed in California” notice off of all your packaging, since it’s pretty evident you’re not really not that hung-up on loyalty to your native land. Schmucks.

Anyway, AAPL (which I am short) has been putting a damper on the NQ all day, and it’s starting to show.

0830-NQ

Why the Convoluted Message From Yellen?

By -

Why the tough talk out of one side of her mouth and ‘other policy tools’ language out of the other (ref. Yellen Lays Out Tools… )? Oh, I don’t know. Maybe it has some thing to do with this…

The stock market has merrily followed money supply aggregates upward since 2009. When money supply decelerates the market corrects. When money supply ramps upward the market ramps upward. Money supply has been rolling over since 2014, which was not coincidentally when the first tremors began for the stock market in its recently completed top (that wasn’t). From SlopeCharts…

s&p 500 and monetary base

(more…)