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.
I am an old man and have known a great many troubles, but most of them never happened.
I worry way too much.
There have been times when this has been beneficial. When I first became a parent, it occurred to me I could walk into any room and instantly do a threat assessment. Any sharp edges, corners, or other physical hazards became instantly clear to my eyes. My caution and awareness has surely saved our children plenty of injury.
Equities bottomed early on Wednesday the 26th and rocketed higher, partially undoing the damage for the Christmas Collapse. The Dow managed to tack on about 1500 points to its low, and I suspect equity bulls will enter 2019 limping but relatively optimistic.
As I look at the charts, some of them make me wonder “is that all they’ve got?” In other words, it only took a few trading days to push prices back up to shortable levels, such as with the NASDAQ: