This feels like doing the snow report from Honolulu. There seriously isn’t anything to report. I mean, just look at the small cap futures. Everyone is just waiting for the Fed tomorrow.
Snow Report
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.
Spinning Their Wheels And Going Nowhere?
Fair to Middling
The bulls continue to run the show. There’s no doubt about that. Let’s see what Wednesday (Fed Day) has in store, but for now, here are some indexes ranked from most bullish to least.
First we have the Dow Composite, which is simply raging higher every single day. It has broken above its wedge and is at a lifetime high.
America-19
Three Triangles
Below are three equities which share in common (a) very clean symmetric triangle patterns (b) the failure of the pattern itself. I thus think they are prone to a fall in the weeks ahead. Click on any chart for a larger version; the symbol and name are in the upper-left corner.
