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.
About a week or so ago, I shared this chart of the S&P 500 divided by the M2 money supply in order to create a more realistic picture of the stock market’s valuation, normalized for the trillions of dollars of new fiat sloshing around.
I was looking at the Tadawul All Share Index (symbol $TASI) from Saudi Arabia, and its cyclic nature was quite intriguing.
As we enter the earnings season this week, I wanted to pointed out an improvement we just made to the Historical Earnings Reactions page. Now the page has a Preferences button which, when clicked, will produce this dialog box:
What this allows you to do is fine-tune what data points are used. In other words, you can define precisely what these time-events (like “After Closing”) actually mean. Most people will be satisfied with the default definitions, but some of you have specifically asked for the ability to alter the basis of these parameters, so now you’ve got that power.
Someone suggested I input the dates of the Consumer Price Index reports (like the one we’re going to get this upcoming Wednesday) into Event Markers, so I’ve done so below. It isn’t exactly eye-opening, since there doesn’t seem to be much correlation. All the same, I think Wednesday morning’s figure will be very closely watched, considering the mayhem it unleashed last time.
We’ve all heard the legend. Tim Knight gets on a plane, and the market weakens. I’ve heard it. You’ve heard it. Some algos probably trade off of it.
Now that SlopeCharts has its Events Markers , we can actually eyeball it. Even better, since I plan to input forthcoming travel dates, paying members can actually anticipate them with precision. Here’s the past year of (very rare) travel seems to suggest…………
