It’s an exceptionally quiet week, and the only economic data points both come out tomorrow morning: the Core PCE (ceaselessly called the Fed’s favorite inflation indicator) and the preliminary GDP.
This Week’s Only Data
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.
Going Down?
Three in the Afternoon
We are very much in the off season for earnings, but there are three decently sized stocks announcing their quarterly reports after today’s close. I don’t have positions in any of these, although they’re all interesting charts:
Even Garbage Rising
Well, they are seriously starting to scrape the bottom of the barrel. There’s a company called Momentus (MNTS) which is somehow related to space exploration, which instantly makes it relevant in these days of SpaceX fever. Until recent, the stock had lost – – and I’m not making this up – – had lost all but 1/100,000th of its value. Yes, if you invested $100,000 in this thing at its peak, you would have wound up with a dollar.
Ummmm, Fellas?
May I point out that the largest company on the planet, and the biggest component of the semiconductor index, Nvidia, absolutely sucks right now? It has been persistently falling for almost two weeks (in spite of BLOWAWAY earnings) and has breached its breakout.
