I’ve been bellyaching about how boring and rigged the market is, but allow me to offer a bit of objective proof. Just take a look at the volume for the SPY on a daily basis. Friday’s volume is 85% lower than it was during mid-March. This “market” has shriveled into a volume-free farce.
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.
VWAP Is Here!
Perhaps the most frequently-requested feature on Slope for as long as I can remember has been the Volume Weighted Average Price, or VWAP. As I had explained countless times, we simply didn’t have access to the data. Now we do, and it’s live right now in SlopeCharts! You’ll find it in the Technical Studies dialog box.(more…)
My Dumb Fellow Citizens
From my morning paper, more of the same. WHY, people? WHY? Honestly, how DUMB can people be? And………three MILLION dollars?!?!? Check this out:
Captured & Controlled
As I was trying to hang onto the thrilling market mayhem with the ES +0.00 and the NQ down 0.01%, I was so bored I started looking at interest rate charts. I found this one kind of interesting:(more…)