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.
And they’re off!
I thought I’d do one last post before wrapping it up for the day. As I’m typing this, the NQ and ES have bounced off deep, deep losses and are now both solidly in the green.
I’ve got one simple figure to ask you to keep in mind: Twenty Nine Hundred. I think that’s the key to the S&P. See, it even rhymes! So let’s watch that figure.
My post of July 14 discussed the trade war between China and the US and the effects it was having on China, in particular. Since that date, I added several important updates on that post, which are definitely worth reading…the latest one was earlier today (Monday).
The following World Stock Markets heat map shows the major losses incurred by world markets at their respective closes today…not a pretty picture.
(more…)Dutch was kind enough to send me a chart he put together which is fascinating. It tells the story, but I’ll say it anyway: these big Fed meetings that everyone anticipates so much have recently been the harbingers of big downturns (and what we’ve seen recently is clearly no exception). Click on the graphic for something more readable.
Let me say at the outset – – because by GOD I don’t want to get any emails on the topic – – this isn’t bashing the guy. I just think, as a signal, these tweets cannot be beat. Sure beats the holy hell out of Elliott Wave.
Remember the blowout earnings and huge rally with Google (oh, sorry, ALPHABET) a couple of weeks ago? It’s toast.
