Interesting to see how our President isn’t actually at the bottom.
The Disgruntled Citizenry
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.
US Stock Market – In Need of a Correction
The US stock market (SPX) is overbought and vulnerable in the near-term
Excerpted from this week’s edition of Notes From the Rabbit Hole, NFTRH 797:
The US stock market is in need of a correction. Now, will it get one?
On the CPI down day I looked at the market and decided to leave well enough alone because of course they were going to gun it to punish anyone shorting that down day on supposedly bad news (pumping up the hawkish Fed). But I looked at the gap near the all-time highs on the daily chart of SPX and thought ‘hmm, if they close that gap maybe give it a shot…’. They closed the gap and I gave it a shot.
(more…)We Try Harder
Here’s a stock I haven’t thought about in a long time: Avis (symbol CAR). I’d say it is in very serious trouble.
Finally, a Victory for Mississippi
This should be cause for celebration:
Thursday Morning Preview
