Good morning, everyone, and thanks for swinging by. We’ve got a lot of green on the screen again, as the /ES approaches lifetime highs.…..
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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.
The Dovish Pivot (by AlgoTradeAlert)
While the stock market cheered, surging 1.5% and pushing the Dow to a fresh record high, concerns linger about the potential for long-term trouble.
Hawks On Hold, Doves Take Flight:
The Fed’s recent messaging has been a symphony of hawkish rhetoric, emphasizing their commitment to taming inflation through aggressive rate hikes. However, this week’s tone was markedly different. Powell downplayed the prospect of future cuts, acknowledging market expectations but stopping short of outright confirming them. This dovish shift, even subtle, has fueled speculation of a potential pause or even reversal in the rate-hiking cycle.
(more…)Chart Industries
This appropriately-named company has a huge head and shoulders pattern (ticker GTLS) and is worth a look for any surviving bears out there.
