Small caps continue to lead the way, with IWM up twice as much as SPY at the moment. Below we see the bullish diamond pattern I pointed out a few days ago is confirming the breakout to the upside.
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.
It’s another daytime of lifetime highs in the world of equities. It seems that a “just right” jobs report was the gasoline the fire needed, so records are falling all over the place.
A couple of notable exceptions this morning were both from tech companies. The first is Pinterest, which has lost about 50% from its recent peak.(more…)