It isn’t one of the most widely-followed instruments out there, but the Broker/Dealer Index is carving out some fascinating patterns lately. The battle is between the magnificently-formed top and the most recent wedge pattern. The equity remarks are deeply unclear these days, but at least there are clean patterns shaping up to tell us the answer……………once they FINALLY break, one way or the other. At this point, the next big event is Mr. Powell two-and-a-half-hours after Tuesday’s opening bell.
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.
Chegg Lays an Egg
I guess renting out textbooks just isn’t what it used to be. The stock is down about 87% from its peak.
Curious George Wrecks an Economy
I just found out there is a children’s book – – for real, not a gag – – about Janet Yellen. Be sure to get a copy for everyone you love.
Hegel with Cream Cheese
I remember being a little kid at Audubon Elementary School in the suburbs of Baton Rouge, Louisiana, looking at the globe on a bookshelf. I don’t remember what grade I was in, but I well remember the idea that popped in to my head as I looked at the planet – – – specifically, the continents of Africa and South America – – and thought to myself, “those two pieces fit together.”(more…)
Well, we’re into the less-exciting part of the earnings season, but there are still interesting tidbits here and there. For instance, Pinterest (PINS) just reported….(more…)