Spot the trend!
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.
Hovering Sombrero
Good morning, everyone, and welcome to a new week. There are fifteen trading days left this quarter.
I got a knot in my stomach on Friday evening when the big news came out about some kind of breakthrough deal with Mexico. It was on my mind all weekend, and I was wondering if we’d gap up 70 points on the ES. We did indeed gap up, and powerfully, but we’ve been in “digestion” mode since then.
Multiple Intraday
SlopeCharts has a terrific intraday database that extends back much farther than other charting platforms. This data has been available for a while to Silver, Gold, and Diamond members, but until today, you could only enter one stock at a time.
You Are Real
It’s hazardous to mix smart people with money. Here in the Silicon Valley, I’m surrounded by super-smart loonies that come up with the most ridiculous ideas, such as the notion of filling yourself with the blood of younger humans in order to sustain your own life.
Does Peter Thiel seriously want to be stumbling around at the age of 140? Even more important, do any of us want to see a 140 year old Peter Thiel inching his way toward the bathroom again, living day to day in a painful stupor? Yeah, I didn’t think so. Our present lifespan is just about right.
Anyway, of all the dumb ideas my wealthy neighbors wallow around in, this has got to be the most annoying one of all:
(more…)Seven-Up
It all seems a little too contrived. On May 30, we got word that Mexico was going to get nailed with big tariffs unless they do something about the illegal aliens crossing our southern border. And then, just eight days later – – problem solved! Trump announces Mexico has made a deal, there will be no tariffs, and we can just dump aliens back across the border with Mexico’s pledge to “feed, house, and educate” them.
Wow, THAT was easy!
In any case, it’ll be more than a little interesting to see what the ES and NQ do on Sunday evening. It’ll be even more interesting to see what the actual markets do on Monday. Will markets explode higher on this suspiciously good news, or will they inexplicably slump? We’ll know soon enough.
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