As a follow-up to my Salesforce Support Susceptible post of September 19th, the stock is definitely doing what I figured it would do. Lower prices ahead, I’d say.
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.
The Highs & Lows of the United Kingdom
We’ve never seen a wider spread between the FTSE 100 Index (it hit all-time highs today) and the British Pound vs U.S. Dollar forex pair (now at new 30-year lows), as shown on the following Monthly charts…presumably the after-effects of the “Brexit” vote.
The question is, is this the new normal and what will that mean for inflation in the UK if it is?
Odds and Sods
So are you as excited about the Vice Presidential Debate tonight as I am? Yeah. That’s what I thought. Anyway, I thought we’d thumb through some charts together. Generally speaking, this seems to be the market that Cannot Sustain a Selloff. Every stinking day, you get an end-of-day ramp, and the market is “saved”. It’s unnatural, it’s sickening, and, as hard as it may be for you to believe, it can’t last forever.
One market that doesn’t have a problem “staying sold” is the British Pound, which has fallen to a level not seen in decades. My advice? Go to London and buy stuff, I guess! Your dollar is strong!
Screenplay Review
I’m going to be back later to do a post, but for now I’ve got a meeting with my screenplay reviewer to go over my latest draft. I’ll be back later this afternoon.
Give Me a Breaks
It’s all well and good that we’re down a little (although “precious” metals and miners are getting gang-raped by a wild pack of rabid monkeys and, as such, are down a lot), but these are the breaks we really need to happen in the S&P 500 to get some serious Marty action.
