Welp, now we get to watch Powell and his cronies go into damage control. That should be nauseating. In any case, the ES is resting on critical support. Break it, and expect some angry tweets directed at the Silver Fox. It’s exciting.
(more…)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.
Only Happy When It Rains
After Powell’s disaster today, here are some after-hours earnings wrecks from big players. I was able to see which companies were reporting by using Slope’s spiffy Reporting This Week page.
(more…)What a Feckless Dink
Truly one of the most evil men in human history. Hear me now and believe me later. Evil to the core. Although I appreciate the equity wreck.
Three Bullish Charts
As we continue to await the FOMC.
(more…)Let Them Short Cake
It’s going to be a quiet morning until Papa Powell ambles out to the podium. In the meanwhile, Cheesecake Factory remains a favorite short of mine. This is one of those shorts I could see holding on to for literally years.