Data Re: Last Night
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.
Range-Bound or Run Away?
First off, as a reminder (and I’ll only do it a few dozen more times, promise) please click the bejesus out of my Solid State book link. I’m told it’ll help. Go ahead and click it, please! I’ll wait. Thank you!
As for the market in general, obviously everyone is going to sit on their hands until 8:30:00 on Tuesday morning. Looking at the big indexes, it’s interesting how all the NASDAQ Composite did today was push itself precisely back to that horizontal line (which is now acting as resistance, albeit modestly).
Like All Life Depends on It
Jesus H. Christ on a pogo stick, the whole world is making it seem like one made-up data point from our buddies in Washington D.C. is going to determine all human fate for all time. Give me a break. They’re going to trot out some watered-down number for inflation which represents about 1/4th the true inflation rate. In an event, here is the recent fiction reading, along with forecasts (left side) and last (right side) at the top of the charts.
Oh, Zuck……
I think an interesting “marker” for the post-CPI action tomorrow will be Facebook (oh, sorry, META) since it’s smack dab in the middle of two major retracements. There’s plenty of room to roam in both directions, considering the wringer this stock has been through over the past fifteen months.
