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.
The best-formed pattern (and pretty much the only decent pattern) on the equity futures right now is the Russell 2000, which has an exceptional head and shoulders top. I am tempted to short this sucker, but it seems like a Siren song to me. In other words, almost too good to be true, and luring me in to trap me. That’s a silly thought, perhaps, because this is honestly a fantastic pattern.
My older brother Kevin is an accomplished photographer, and half a century ago he took a series of photographs in my birthplace of Bogalusa, Louisiana. Here are just a few (as always, click for a screen-filling version). Here is my late mother next to her much older brother Henry (mom was the youngest of nine) standing on the family farm.
When all else fails, talk about your portfolio! That’s my mantra. Seriously, with so little going on with the market, allow me to post the relevant portion of all my short positions and say a few words about each in the caption area.
As I try to decide what to say about a total non-event like today, here’s a comment cleaner.
The ridiculous ChatGPT fad is rapidly fading in the rearview mirror, and we’re seeing the stocks which benefited from this baseless mania diminish as well. The eponymous leader of this is, naturally, ticker symbol AI, whose channel failure suggests a fundamental change in direction for months to come.
