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.
We’ve been watching the Olympics each night, and every forty-five seconds, Novo Nordisk shows the same danged commercial about the Wegovy pill. I was curious how their stock was doing, and it’s interesting how its beautiful H&S top was followed by what is so far an over 60% wipeout in value. Another victory for classic charting!
The birthrate is almost perfectly negatively correlated with the places that NEED babies.
As with last week, I had a couple of fantastic back-to-back days. Each of them started off looking bad, then as the day wore on it just got better and better. I can only hope that, unlike last week, it doesn’t all get undone with some mega-rally on Friday.
The Dow Industrials slipped hundreds of points under the psychologically important 50,000 (or, if you’re Pam Bondi, 50,000 dollar) level. Happy as I am with this drop, nothing has changed with this index. The ascent has been smooth as silk, and the trio of exponential moving averages I’m using on all these charts is just about as steady as one could hope.
Looking at SPX/gold again yesterday I realized…that looks a lot like Bitcoin doesn’t it?
Sure enough. The two have behaved similarly over the past 10 months or so, going back to the Time of the Tariff Tantrum Tribulations.
Here’s an interesting list of the most prominent people in the Epstein Files. I put a red rectangle around those names familiar to me. It’s pretty much a sausage fest, obviously, with the possible exception of Hillary. Click the image for a readable version.
