As a person who dislikes noise, I have a strong opinion about the “sideshows” that have become popular in urban landscapes lately (that is to say, those events in which a few morons drive their Dodge Chargers, Mustangs, or some other piece of crap around and around, threatening the worthless lives of the spectators around them). I think a phosphorous bomb dropped in the middle of these things would be a positive boon to society. Failing that, I just saw this photo of the mug shots of the sub-humans at a sideshow that stomped on a police car. Can you imagine how completely pointless the lives of these goons must be? The second mug shot is, for obvious reasons, my favorite.
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.
Today’s Tesla Trendline
I’ve just got to say one more thing about Tesla, which has had an amazing two days. Today’s high perfectly tagged the medium-term trendline. It’ll be quite telling during Wednesday’s half-day session whether it can beat this or not.
Lifetime Highs (Again)
Well, it was lifetime highs everywhere you turned (again) today. The NQ blasted hundreds of points higher for nine hours straight, getting back to last Friday’s intraday peak.
(more…)Liquidity Look-See
As we amble into what is bound to be a languorous trading environment until next Monday morning, here are the updated charts from the Fed. QT continues apace, with Fed Assets approaching the levels of four years ago:
(more…)Oil Index Top
Here we see the oil index symbol $XOI which has broken below its top, retraced back to resistanec and, I believe, is ready to swoon lower. I own XLE puts to exploit this idea.