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.
Many years ago, when I was running my company Prophet.net, one of our first commercial customers was a young PhD student from Stanford named Ophir Gottlieb. Even way back then, around the year 2000, he was deeply involved in creating systems for options trading. He parlayed his success into a company called CMLViz, which makes the “options-trade-hunting” system called TradeMachine.
I’ve known and trusted Ophir so long, and I like TradeMachine so much, that I decided to feature it permanently on Slope. Slopers also enjoy a much cheaper price than retail, as this link shows. I wanted to make a couple of important points about this product, however:
No, this isn’t about crude oil. It’s simply an overview of quarterly charts of some big indexes, just to take in the very broad trend (which, as has been the case for almost eleven years, is permanently “up”). The amount of data on the charts below varies, and in the caption I’ve said a few words about each. Click any chart for a huge-ass view.
So here we are. The last day of the quarter. One completely dominated by Trade Talk Optimism insanity. And as we enter the next quarter, we can expect more of the same. The next two weeks will surely involve a lot of bluster, optimism, brouhaha, and………in the end……….nothing.
The confusion is in the air. Before the market opened………
My goal in writing this article was to keep it as simple as possible — not an easy task for me as I’d love to delve deep into the minutiae of analyzing a whole slew of my charts, data, and information I’ve assembled over months and, even years — but, for your sake and the sake of reaching a coherent conclusion and forecast for the fourth quarter of 2019, I’ve had to, considerably, whittle down my presentation. So, while looking through my superpower lenses, here goes…