As America continues to crumble for reasons I’ve pledged not to discuss, lest I pierce one group’s ostensibly thick and high-T-count skin, I applaud my bet-again-Mericuh, by way of my TLT short.
Louder than Bonds
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.
Siren Song
Now that Anthropic is on the calendar for an October IPO, and SpaceX is healing, interest in pre-IPO stocks has renewed, as illustrated by the wheezing recovery of these funds:
SpaceX Range
Thank God for SpaceX. My hand to the Almighty, its strength is the only thing that’s kept me from losing my mind over the past couple of weeks. I’ve already dropped a bunch of 100,000-pound hints as to why, so I’ll just leave it at that.
If you know, you know.
From a charting perspective, we’re at the cusp of a potential breakout. Get this above $150, and an entirely new bullish dynamic comes into play.
Separate Ways
This simple snapshot of the percentage change of QQQ and DIA (the latter in black) neatly illustrates how the industrial thirty stocks are badly underperforming their sexy tech opponents. Kinda like, let’s say, early 2000.
A Welcome Repulsion
We enter a new week with no meaningful economic reports, no important earnings, and no news about the endless war with Iran. Thus, the market is just lingering near lifetime highs, ever so slightly red on most stock indexes. I’m pleased to see that the attempts to push to lifetime highs yet again on the /ES was repelled almost perfectly at the horizontal.
