Here are some of the bigger companies reporting prior to the opening bell:(more…)
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.
Here’s an interesting development from the SlopeCharts futures library: the long-term continuous futures contract for the Nikkei stock index of Japan:(more…)
Well, folks, this is what you get what a market is absolutely priced for perfection until the year 3295. You can have company after company announce blow-your-tits-off amazing earnings and prospects, have the stock briefly skyrocket, and then vomit all over its lapels. I didn’t have to dig for obscure examples this afternoon. Allow me to share these tiny, no-name companies with you…………
After the close today, it is an absolute avalanche of earnings, as three of the biggest companies on the planet report:(more…)
This remains the most important chart in the world to me these days:
This is the Russelll 2000 /RTY futures, and you can see how we’ve been rangebound for virtually the whole of 2021. Mercifully, the recent baseless rally stopped at the white line, which cements yet another “lower high”. Naturally what I’d like to see next is a lower low, which will shatter the bottom of the range. Then………there will be blood.