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.
Yes, yes, I know. Insert joke about Brendan Carr and Stephen Miller {here}. I get it. But seriously, this is a trading idea. It has to do with Dicks Sporting Goods (DKS) which has been hammering out a massive (yet incomplete) H&S top for an impressive eighteen months.
Following yesterday’s completely pointless 25 basis point drop in rates, markets around the world continue to rally to lifetime highs. The /NQ, shown below, is once again up triple digits based on nothing more than, well, months of momentum.
Although the economy is ostensibly “hot”, folks are losing their jobs. If AI is as real as we’re being told, these layoffs should explode by millions.
