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.
Since there’s not a tremendous amount to say about a equity futures market that is up 0.2%, let’s turn our attention to something that’s actually moving, which is crude oil. For perspective, here is the weekly chart of this dynamo, with one particular feature being that swan-dive it took off the high board due to Covid (thank you, China!) and its subsequent bounce.
The latest OPEC meeting was another “buy the rumor/sell the news” kind of event. Saudi Arabia did indeed win agreements for member-nations to cut back and yet………….
Well, after years of waiting, the Cybertruck is starting deliveries today. Considering all the hype and excitement about this rather strangely designed product, I look forward to seeing if it is embraced as a successful out-of-the-box design or, instead, a modern-day Aztek.
For all the hand-wringing and pearl-clutching over Nvidia, now that the world has had the night to digest their earnings data, the result is…………nothing. Honestly, nothing. It’s like you threw ten 2-liter soft drink bottles in the air and they all landed perfectly, standing up straight. You know the big winners here? Options SELLERS! And the losers? Any of those BUYERS (irrespective of bullish/bearish) who thought the stock was going to move in a big way. It’s honestly an incredible result.
