Home prices are still strong, but the strength behind those prices (AKA the volume) is on the wane.
Run Away from Home
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.
One Headline, Why Believe It?
OK, look. I can play the hero now and then. Or at least be a stalwart example in the face of adversity. But this is starting to get annoying.
Monday was a bad day. I stood fast in the face of it. Every morsel of cash lost on Monday can tumbling back on Tuesday. Huzzah.
Wednesday started off nice and red. Nothing dramatic, but red nonetheless. And yet the market rallied, going into turbocharge mode when they interpreted the (meaningless) Fed minutes to state that the Fed will inch up rates a mere 1.5% more and then be done with it. So stock traders gobbled up the ostensibly good news.
(more…)Hard Snowfall
Will Splunk Go Thunk?
One of the few interesting earnings reports this afternoon is going to be Splunk (SPLK), against which I have some September 16th $120 puts.
Stagecoach
The banking giant Wells Fargo hasn’t been on my radar for eons, but when I saw this headline……..
I obviously wanted to check it out – – because a Cramer recommendation is pretty much money in the bank.
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