The Fed Kabuki theatre has just started, so this will be quick. Powell’s prepared remarks obviously aren’t exciting our bullish friends.
Correct Side of Trendline
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.
Everyone’s Busy Relaxing
Last Time He Was Here….
Jerome Powell is going to do his little legally-required charade on Tuesday and Wednesday mornings. He only does this twice a year in front of Congress, and the last time (June 21/22) is marked below in yellow tint. As you can see, that was right on the heels of what was a major bottom in the bear market, and once he shut up, the market went up for almost two months. Let’s just say it would be nice to have an upside-down version of that this go-around.
Cheating
As long-time readers know, I’m a huge MST3K fan. Below is one of my favorite shorts ever. Pure genius.
A Long That I Love!
