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.
It’ll be interesting to see on Sunday afternoon, when the Globex opens, what the news about tapering plans will bring. I guess, deep down, everyone with a triple-digit IQ recognizes that any tapering will be swiftly and violently aborted if the market slips even 5% from lifetime highs. But, hey, we got get a little selling for a few days, so it could be fun!
I must say, the big indexes are looking dreadfully weary, particularly when you examine them with their overbought/oversold indicators breaking down. Here’s the Dow Jones Composite.