I created something new for the site. It took me a long time to put together, but I had a ball doing it. It is a guide to technical patterns.

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 created something new for the site. It took me a long time to put together, but I had a ball doing it. It is a guide to technical patterns.

This is going to be perhaps the shortest post I’ve ever done, but it will link to one of the longest posts you will ever read: Dave Collum’s 2019 year in review. I have been gobbling it up all day, and it’s like catnip. I’m up to page 90 of 150 pages (I’m not counting the footnotes). I highly recommend it, and you can get the entire PDF file here.

Whenever I have the time, there’s nothing I love more than wondering through a good bookstore, seeing what’s new in the market. I guess spending a lifetime writing has had that effect on me. About a week ago, I was waiting for a family member to arrive at the airport, so I went into a big Barnes & Noble. It was there I saw a book I hadn’t heard about, The Man Who Solved the Market, which was about famed money manager Jim Simons.
(more…)Thank God, something that will drive markets that has nothing to do with China, or trade talks, or optimism. Keep in mind you can track this calendar on Slope.

In the book Modern Money Theory by L. Randall Wray, the author declares of MMT (that is, Modern Monetary Theory) that it will go through three phases of public opinion.
First, it will be ridiculed. Second, it will be violently opposed. Third, and finally, it will be accepted as self-evident. I’m not sure if it will play out that way, but I’m here for offer an essay which is probably straddling the first and second phases.
Interestingly, this prediction was word for word what a certain Elizabeth Holmes declared in this video when she was making her final, desperate bid to save Theranos from its inevitable failure.
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