Let’s check in with those fabled June 9th gaps, shall we? I’d say – – so far, so good.
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.
Snap Gaps
Snap (formerly known as Snapchat) is a one-app, one-hit wonder whose financial fortunes are worsening by the quarter. It’s stunning to see these collapses, and even more stunning that people are surprised.
Seal of Approval
Three Major Looming Gaps
Those June 9th Gaps
Well, folks, I am rapidly reaching my personal “I can’t take much more of this crap” levels. It shouldn’t be THAT much of a surprise, honestly. The prospect of crawling above 4,000 on the S&P was quite clear, even at the depths of mid-June. At this point, what really counts is how the market treats those gaps from June 9th. I present them below, with the postulate that these represent important exhaustion levels for this month-long rally.
