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.
A good friend of mine (a Sloper from Mexico, and a very cool fellow overall) sent me the chart below, which illustrates the biggest drop in the S&P 500 for any given year, going way back to when Teddy Roosevelt was in office. In case anyone didn’t mention it to you already, 2017 is the most godawful year so far (for bears) in that entire century, since its drawdown is the puniest ever.
Although there were new highs yesterday all over the place, tech stocks peaked nine trading days ago (thanks in large part to Apple’s lame-o new product rollout). As I’m typing this (an hour far too early for anyone sensible), the NQ is down over twenty points, having been repelled yesterday by a modest topping pattern.
