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.

The Final 24

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The next twenty-four hours are going to contain the final burst of planned excitement for a while. This comes in the form of a triad:

  • Amazon earnings, after the close;
  • Apple earnings, after the close;
  • Jobs report, before Friday’s open

Apple, of course, is the largest company in the universe, and although they are far too old, large, and lumbering to produce any real profit shocks, they’ll surely trot out something – – anything!! – – to goose the market, probably in the form of something which USED to be illegal: that is to say, a huge stock buyback. I mean, face it, the incremental improvements to the iPhone have become a joke, so they need to take a different tack.

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PREMIUM: An Unsurprising Pause

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Nigh is the Day

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So here we are. Right in the thick of the biggest earnings week and only hours away from the latest Kabuki theatre from Mr. Jerome Hayden Powell. It’s the 5th FOMC of the year, folks, and the big question is – – – 0 or 25? I think the bigger question is……….what’s the reaction? Because the actual decision doesn’t really seem to matter.

Half an hour before the opening bell, all the equity futures are in the red. Yesterday the /ES went absolutely roaring higher for no discernable reason, and it was interesting to see the drivers of this thing slam hard on the brakes the millisecond we reached last weeks’ peak (two green circles). Now we’re meandering around again in no man’s land, with the decision whether to break above or below this range looming before all traders.

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PREMIUM: Little Naz

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