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.
The bond market is going to be an important driver in equity prices for the rest of the year, and I would gently assert that they are looking bullishly-poised (which, if true, would mean declining interest rates). Here we see TLT finally pushing above its downtrend, having successfully conquered it.
The /RTY small caps futures shows exactly why I didn’t bother with a “here’s what the jobs report did to the market” post. Because the pre-market movement is meaningless. At first it looked like the small caps were going to have an explosive day. The millisecond the market opened, it went into a free fall. No real reason for doing so. There should be NO logical reason for this. But it happens.
I’m heading off to the airport on Friday night, so there’s your market signal that you’ve been asking about. I appear not to be the only one with travel plans.
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