The end of an era, honored with a few photos……..
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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.
Q4 2023 Broad Seasonal Situation
SPX bounce underway, but resistance upcoming
This article discusses one diverse component of the broad global markets; the US S&P 500. The market has some poor underpinnings that we routinely keep track of in NFTRH and are beyond the scope of this public article. Also beyond the scope are macro risk indicators, including the US dollar and its relationship with the Gold/Silver ratio.
Filtering all of that out, we have anticipated a seasonal bounce or rally due to market sentiment well biased to over-bearish, oversold conditions and the seasonal pattern (on average) for SPX that has turned up, as per this graphic first presented in NFTRH 779 on October 15.
(more…)The Core Issue
Well, after my initial examination of earnings reactions (prior post), it seems AAPL wasn’t done. Once the conference call was out of the way, the AAPL drop went from tiny to not-as-tiny.
Drama-Free Afternoon
OK, well, there it is. The AAPL earnings. And while I’m glad we’re not raging higher, it’s not exactly thrilling. As of now (which is, to be clear, before any kind of conference call) AAPL is down a fraction of one percent, plunging to prices not seen since last evening’s trading session.
Now and Then
A new Beatles song was released today………ostensibly their final one:
