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.
Although I don’t hang out in the comments section much, I always read the most popular comments each evening from the Daily Digest. I noticed that tonight, far and away the most like comment was from Arizona Slim, the elder statesman of Slope.
This afternoon marks the close of the earnings season for the next three months. Oh, sure, only two-thirds have reported, but all the good ones will be done. Do you honestly care about crap like Ford, Affirm, Chipotle, and Eli Lilly? I sure don’t!
In any case, these three mega-cap, multi-trillion-dollar monsters will all be pouring out this afternoon. I have NO positions in any of these, and I find all three charts rather inscrutable. I hoist my mug, however, with the fondest wish that at least one of them gets nuked!
It was excited to see the Russell 2000 futures start to challenge its Fibonacci. Sadly, the fib continues to serve its role as SUPPORT, and, BOING! all stocks went higher.
It seems to me the die is cast. As long as that price gap isn’t violated, the semiconductor rally is toast.
