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.
Russia is the big gainer, so far, today, as shown on the following Heat Map of the World Stock Markets.
The Russian Index has broken above its long-term apex around 1080, but is still below its downtrend line, as shown on the Monthly chart below…we’ll see if it holds in the days/weeks ahead. (more…)
I keep looping back to the word “annoying” to describe the market, and that still seems to fit. The goddamned thing just won’t go into a freefall. To be clear, I had a good week, but good God almighty, it’s way too much work. Market Gods, throw me a bone here! Give me a morning where the ES is down 50! Do it for the Timster.
Anyway, one big theme all year long has been the US dollar’s steady progression from (1) mega-powerful currency to (2) quilted toilet paper. I suspect this trend will continue as Trump continues to bungle his way through his only term.
