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 equity that has been annoyingly robust, so much so that I don’t mess with it anymore, is Caterpillar (symbol CAT). For a LONG-TERM bearish trade, however, I think it could be intriguing. Here is what it is doing recently, which isn’t a heck of a lot, although at least it isn’t blasting higher each day like, oh, let’s say, Elil Lilly.
Below are the charts of reverse repo, inverted, with crude oil (CL) and the Nasdaq 100 futures (NQ).
The absolute peak of American power, pride, and purpose was early in 2000. We had won the Cold War. We were richer than ever. Our debt, although substantial, was a tiny fraction of what it is today. Sadly, we would begin a descent that would last for decades, and whose affects we are only beginning to appreciation. On this 22nd anniversary of the horrible attacks from the [pissed-off reference redacted] back in 2001, we must remember the bravest among us who courageously fought back against a sect whose principals are tethered to nothing but violence and hatred. The shameful thing is that, in a way, the bad guys won.
Welcome to a new week, everyone. The first of TEN weeks uninterrupted by holidays. Huzzah! In the not-so-huzzah department, the /ES has lifted about 140 points since Thursday morning.
