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 look forward to the new trading month, which starts this Friday. The image below tells you everything you need to know. Major economic events are on the left. The concentration and importance of earnings events is represented on the right. Good luck.
I would like to offer up one possibility about next month. Specifically, I believe that the earnings reports are going to start to make crystal clear to the investing public that the tide has turned, and it is no longer a good time to be in stocks. I suspect an important selloff will gain acceleration as one bad report follows another.
But here’s the interesting twist: it just so happens that the next FOMC announcement and press conference is on July 27th, which is right at the tail end of the meat of the earnings season. In other words, about 80% of all the really cool and interesting companies will be done reporting. If, in fact, the market is getting blown to smithereens, it makes a certain amount of sense that the Fed will pull something out of its hat at that meeting to stem the flow of blood.
It’s just a thought.
In celebration of some fantastic trades lately………….I haven’t done this in years, but I’ve decided to give away a free, signed copy of my Panic Prosperity and Progress book to anyone who buys an annual subscription at any level. Click here to see the page for annual subscriptions (which gets you 12 months of any level for the price of 10). And, hey, a signed book!
If you do this, drop me an email and tell me what you’d like me to write in the book, and where to ship it. Offer good while supplies last! (I don’t have many of these books, honest…………) Oh, and hey, Lamar, you signed up today, so toss me an email too!
For this post, I wanted to write about something which I don’t think I’ve ever addressed, which is my experience thus far creating my first novel. I have a couple of reasons for wanting to compose a post that has nothing at all to do with charts or the markets: (1) the past couple of weeks have been absolutely brutal, and frankly I’d rather write about ANYTHING else at the moment than the freakin’ stock market (2) it’s a fun way for me to self-examine my experience with this very new adventure of mine.
As a reminder, I’ve been writing all my life – – for national magazines at age 15, my first book at age 16, and dozens of books after that. And, of course, tens of thousands (literally) of posts here on Slope. Yet although I’ve written for many decades, I’ve never tried a piece of fiction. Instead of starting off sensibly, like with a short story, I instead threw caution to the wind and am trying to write The Great American Novel.
(more…)This was a tweet worthy of its own post. A simple truth that only hit me yesterday.
And as I prepare to publish this, the /ES is within a hair’s width of failure.
