The Meat of Next Week
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.
Fortune Cookie
Good morning, everyone, and Happy Friday. I survived night number two with little Duke, and he’s doing great. He has intuitively grasped that when I stand and work, he can just curl up right next to my feet and relax. Clearly this pup understands the nature of Slope. By the way, if anyone recommends to you the value of setting an alarm clock to go off once every hour all night, tell him no thank you.
The past five trading days have been amazing, and now that the PCE is out (which came in precisely at the estimate), I think Friday has a good chance of working out well too. The /ES, shown below, had two big downturns (purple) thanks entirely to Bear Force One. The juiciest downturn was the post-NVDA “hey, maybe this tree isn’t going to grow to the sky” realization, shown with the red arrow.
Inflation Revving Up Soon
Updated CPI Charts
Age of Inflation on Demand
Excerpted from the January 26 edition of Notes From the Rabbit Hole, NFTRH 846
NFTRH 846 went much further off the normal path than this excerpt, as its writer was almost unconsciously caught up in the process of properly defining the current Macro, which by extension will help us properly set strategies for 2025 and beyond.
It takes a lot of deep and ongoing work, not guessing or bias-promoting. We do this work in order to end up right on the big swings when the time is right, and to be right along the way in the interim. Charting and stock picking are fun, but only after the real work is done.
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