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.

Open Up And Say AAAAA

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We’re getting to the high point of the earnings season, and of course all eyes were on Apple after the close. It did not disappoint, as shown below. During the regular market session, before the report, I tweeted out an image from the Earnings Reaction page here on Slope, showing that the average pop is 1.82%. AAPL’s gain of about 2% as I’m typing this, therefore, is typical.

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Around the Bases

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Yesterday was a momentous occasion. About three months ago, the weak, cowardly, and amoral Jerome Powell cranked interference with the markets up to an “11” with his free-money-for-big-banks Repo scheme, and of course the market did nothing but hit new highs every day. Yesterday, for the first time in nearly 80 trading days, we actually dropped more than a single percentage point. The poor dears!

Can you imagine an era where people are screeching and whining about a slightly more than 1% drop off of a Dow that nearly reached 30,000? Powell and his disgusting ilk have crafted a globe of self-entitled whiners, and it’s a cool drink of water on a hot desert day to actually see things flip slightly organic, even if just for a few moments.

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