Back to back reversal trend days which we haven’t seen in a while, and NQ has now made the new ATH that Stan and I were looking for. My video was moved from premarket to just before midday this morning, as a big Windows 10 update took my media computer hostage for several hours and I had to wait for that to finish. Here is the section on ES, SPX, NQ and TF. Intraday Video – Update on ES, NQ and TF:
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.
Best Cultural Appropriation EVER
Boing!
I cannot remember the last time I’ve grabbed my iPad from the side of my bed in the morning, fired up thinkorswim, and actually saw red on the screen. The ES and NQ are green. Every. Single. Day.
This morning, naturally, is not exception. Concerns about the let’s-finish-raping-the-poor tax travesty bubbled up yesterday, and the ES actually managed to fall a few points. Well, the chinless wonder won’t have any of that, so for no particular reason at all:
Semi Bullish?
As an email from [omitted] entitled “Cyclical Indicators Soar” hits my inbox, I thought I’d update a cyclical indicator of another kind. You know, the friggin’ cyclical indicator that preceded them all? Why, it’s none other than our Canary in a Coal Mine, the Semi sector and in particular, Semi Equipment. The progression and projection we used back in 2013 was Semi Equipment → Semis → General Manufacturing → Jobs → Completely bubble headed euphoric mania with a business friendly corporate stooge in the White House. Okay, well I just added that last part in, but you get the point.
The answer to the title question is no. We’ve put forth reason to believe that the earliest of birds, the Semi Equipment sector, may have issues in 2018. What’s more, this warning to ignore a MarketWatch article and the newly bullish fund manager it highlighted came exactly 2 days before the SOX index made its top. (more…)
Let Me Satisfy Your Data Needs
Sounds like a saucy subject post, doesn’t it? But I’m serious.
I recently fell into an email conversation with a SlopeCharts user who expressed a strong interest in seeing stock data for a particular country outside the United States. Given the success of cryptocurrency data on SlopeCharts, I’ve been increasingly interested in offering other kinds of data and equities from other countries. So if you have something in mind you’d like to see on SlopeCharts with respect to a data offering, please email me. I’m interested!
