Well, Elon’s long-term desire to have his car models spell out a saucy acronym has at last been realized.
Tesla Doldrums
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.
High Yield Peak?
One of the biggest beneficiaries of the Powell Surrender has been the high-yield bond fund, symbol HYG, shown here.
The Open Road
Without any particular reason – – none is needed – – the markets continue to galumph higher this morning, with green all over the screen. As mentioned last week, once the 2825 level was pushed aside, another 40 points of pre-groomed ski trails lay in front of the bulls, easy to achieve as there was absolutely zero resistance.
Market Finally Topping?
Many investors maintain beliefs about the stock market which often have them looking the wrong way at the market turns. In fact, I can no longer count how many comments I see about how the Fed is what directs our stock market action, and it just makes me scratch my head.
The main argument by Fed watchers is that the Fed’s easy money drives the stock market. Yet, the Fed’s balance sheet peaked at $4.52 trillion in January of 2015 and is down over 12% from that peak. Yet the stock market has added over 40% since the Fed’s balance sheet peaked. Remember how often we were told by the Fed watchers that a shrinking Fed balance sheet would lead to a stock market crash? Well, it certainly did, but not in the direction most expected.
(more…)Big SlopeRules Upgrade
I am very pleased to let you know of some important improvements to SlopeRules. A few of them are important, but cosmetic, changes, whereas one is kind of a big deal.
First of all, I have sought to make SlopeRules‘ presence in SlopeCharts more visible, so I’ve moved the menu items up a level so they aren’t quite so “buried”.
