Although the earnings season is drying up, there are still some reports here and there of interest. One since yesterday was Shopify (SHOP) which pulled a total fake-out and has collapsed under its rounded top.
Shop Til It Drops
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.
Some Welcome Weakness
It feels like I haven’t woken up to any red quotes in months but, amazingly, ES, NQ, and RTY are all my favorite color. Below we see the 5-minute bar chart of /ES which has been on a relentless tear since Jerome “I’m here for the common man” Powell jacked up the market by trillions a week ago. The permabulls at ZH are probably distressed that their overlord, Goldman Sachs, is having a very brief period of being wrong.
