Since NVDA didn’t provide the kind of gasoline the bulls were praying for, markets slumped across the board on Thursday. The /NQ sank, and even with DELL up huge after hours, it continues to bleed.
Slump
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.
The American Ream
Big Afternoon Ahead
I’ll be focused on DELL in particular.
The Finger is Ready
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.
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.
