RFK Jr. is one weird dude, but I do applaud his fierce anti-pharmaceutical disposition. My Merck puts are doing dandy, and I think there’s tons more dandy to come.
No Phriend of Pharma
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.
Sweeping Weakness
One item I hadn’t glanced at in weeks is $SPX200MA, the measurement of what percentage of stocks are above their 200-day moving average. It’s quite a sight to see just how steady the overall breakdown has been, particularly since the mega-bounce lately is doing nothing more than clamoring back to the former support level. A U-turn should be forthcoming as the percentage of stocks continues to make new lows.
Lunar Lander
Intuitive Machines is a relatively young company and a very popular stock whose bounce is, I think, just about over. That gap should represent an exhaustion point for its own bounce.
Yuh-Huh
First of all, with respect to the premium post last night and my solicitation for feedback, all I can ask of my Gold and Platinum members is about their feedback is………..
Backed then Filled
Last night, all the markets sold off in a steady fashion, but the Midnight Magic has returned, and, whoosh, it just blasted off from there. No, there isn’t news about “even MORE narrow” tariffs. It’s just people falling all over themselves to get back in.
