For the bond fund TLT, keep an eye on 96.89. That’s the level of the price gap. If we stay below it, and weaken away from it, that could be a heads-up that equities aren’t going to go up every single day forever anymore. Just sayin’.
The Bond Gap
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 Latest B.R.N.
OK, sound the trumpets. Nvidia has, yet again, crossed another Big Round Number: this time, $900. We can all agree $1,000 will be the next obsession. I took the time to illustrate each of the five most recent “crossings”, and you can see how the pace is quickening.
Liquid Metal
Same old same old: the market shows some after-hours weakness and vulnerability, and by the time a new day rolls around, it has healed itself right up, ready for worry-free multiple expansion. (The latest excuse, which I’m seeing everywhere, is along the lines of “Apple and Tesla have been getting killed; just wait until they stop getting killed!”)
Terrible Experiences Matter
It’s heartening to see this dreadful airline, which charges you extra just for breathing the fetid cabin air, is heading for the toilet. The name is Spirit Airlines, and the oh-so-ironic ticker symbol is SAVE.
