I could just as easily title this “The St. Valentine’s Day Massacre”……for any bears left, at least.
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.
Apathy Wins the Year
Oh, man. Let’s get 2016 over with, shall we? In fact, let’s get 20,000 over with too. The media obsession is getting unbearable. Try as they might, The Powers That Be can’t seem to close the deal. Maybe tomorrow, huh?
The Cartel Victory
Well, OPEC day is here, and it looks like a deal announcement is at hand. Crude oil is rallying (and energy stocks are strong), so R.I.P. to my energy shorts. I will note, with mild interest, that in spite of this huge news coming out of Vienna, so far crude hasn’t even exceeded the horizontal I drew weeks ago. We’ll see if the actual announcement renders this line moot.
The Persistent Ascent
Well, I’m going to call it a day. It seems almost comic that not even two weeks ago, we were witnessing a limit-down collapse in equity markets around the world based on the prospect of a Trump victory. Who would have believed that, once those few hours of fear were shaken off, we would be in a blast-off cycle to lifetime highs across the board? It’s breathtaking (and, for the one or two bears left on the planet, nauseating). I don’t see what’s going to slow this down at any point. Dow 50,000, here we come. Here’s the ES as I say farewell.
Small Caps Breakout to Record High
$20 trillion in debt. Geopolitical chaos. An absolutely nut-job new administration forthcoming. Sky-high P/Es. And yet………..
