In case you didn’t see it this morning, the retail sales data came out, which sort of flies in the face of the U.S. being the – – {checks notes} – – “hottest” nation on the planet.
Retail Dud
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.
Hegseth’s Bottomless Keg
Olympic Indexes
Let’s take a look at nine index charts, augmented by the standard trio of exponential moving averages (50/100/200).
First up is the NASDAQ Composite. Tech stocks have been grinding around and making no real progress since before Halloween! The bounce of Friday petered out on Tuesday, and we got a nice, reassuring red bar on Tuesday. Notice how prices are treating the 50-day EMA as resistance.
Winning!
As you well know, this is a great time to be a grifter. If you’re a convicted felon, like CZ, you get pardoned, and if you’re at the top of the heap, well, you just rock and roll……….
Broken Arrow
See, I told you Robinhood was a great pattern! Sadly, it’s too late for me to do anything about it. This thing is going to get nuked.
