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.
Well, it shouldn’t come as a surprise, I suppose, but it turns out the cocaine addict below – – who has been ceaseless with assurances at how peachy, super-duper, and scrumptious the trade talks have been going, finally admitted that Xi and Trump aren’t even going to meet.
I normally like posts to acquire about 100 comments before I do a new one, but – – well, I admit, it was a mistake doing a new post in the middle of the night. Still, do check it out if you didn’t read it already. It’s about SlopeRules (naturally).
Recently I’ve been mentioning the “breaking point” the handful of earth’s bears have been reaching. Yesterday morning took the cake, because one of the very few people I follow on Twitter, xTrends, did a post in which he seemed to completely throw his “world is going to end” thesis into the shredder. He actually said the most likely scenario was new lifetime highs again. A reaction to his tweet was similar to mine:
There are some major new features coming to SlopeRules in the next few days. In the meanwhile, let me show you another dynamite example, and it’s as simple as can be. Here’s the entire ruleset:
With the dollar turning around as traders put “risk on” again, the bears have few opportunities. But one in gold triggered on Wednesday’s Globex close.
I continue to nerd out on the website and SlopeRules in particular. The feedback I’m getting from Slopers assures me I’m on the right track. Who knows how powerful this creature will be in a few months!
Far less exciting was the market (which might be good, since it doesn’t distract me). In spite of Jerome “execute this man publicly” Powell’s best efforts, my entirely-short portfolio turned a profit today, and I wanted to share a few charts on the ES to provide a bit of perspective.
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