It seems to me that FNGD, the triple-bearish-on-FAANGs ETF, is ready to rock and roll once more. After its reverse split, volume on it has collapsed, which is kind of a shame, since the bid/ask spread sucks out loud.
The Finger is Ready
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.
Red China
Below is FXI, the main China ETF, which has failed support. This is in stark contrast to nearby countries like South Korea, which have been absolutely insanely bullish lately.
Last Gasp
One of the truer sayings in the world of trading is, “If something goes down when it’s supposed to go up, sell it.” With that in mind, I present to you Nvidia this morning:
Zero Sum Game
Well, the market continues to do dick-all.
It seems that it is allergic to being interesting, since Monday was an absolute carnival and now it’s dead as a doornail once more. As I’m typing these words, the /NQ is up a heart-pounding 0.01% on the heels of what was ostensibly one of the most important earnings reports of the year.
