Today, for the first time since Steven Mnuchin’s call to the PPT on December 26th, the ES ever-so-slightly broke its uptrend.(more…)
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.
I’ll do something “market-ish” later this afternoon. But this is fun:
Eight years from the peak, and still just wheezing:(more…)
Well, that’s interesting.(more…)
Another morning, another sea of green. The NASDAQ in particular looks virtually guaranteed to make a lifetime high today. Who could have imagined such a thing just four months ago.(more…)
This morning’s paper re-ignited my interest in the only family here in town caught up in the nationwide college admissions scandal. As many of you know, those nabbed in the scandal now fall into two camps: one of which is those, such as Felicity Huffman, who pled guilty, expressed contrition, and are awaiting their (reduced) punishment, and two, those like Lori Loughlin who have dug their 4″ heels in and are refusing to admit that half-million dollar bribes are perhaps not totally legit.
The folks here in Palo Alto are fairly small potatoes: the man is an oncologist (who faces the loss of his livelihood due to this mess) who allegedly paid $25,000 to have his apparently retarded son get an 1190 on the SAT by way of fraud. Here’s how the article begins:(more…)
Just about the only corner of the equity world in which stocks are weak – – healthcare – – continues to sink, with Cigna as today’s example.