The mass media endlessly reminded people in October that November was historically one of the BEST months for equities, and that seasonality should be respected.
Monthly Munch
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.
Half Day. Double Important.
Good morning, everyone. You’ll be pleased to know that Slope won’t be participating in the Black Friday nonsense that you’ll be buried by today (bank websites and airline home pages notwithstanding). It’s a half day, and I wanted to share a few charts. Today is a travel day for me, so I’ll be extra-quiet this afternoon, but I’ll hit you with my normal firehose of content starting Saturday morning and last through Christmas. Promise!
The /ES futures are trying to push their way through minor resistance at this point. I think there’s about twelve people trading today, so action so far has been lackluster.
Pairs Progress
The ratio charts look better by the day, echoing the persistent Slope theme Bullish Precious/Bearish Equities.
Leftovers
Today should be far more normal for me, now that the madness of Thanksgiving (yep, we did it yesterday) is over. I’m most focused on the small caps (/RTY) which have blasted higher since Friday to almost, I say again, almost capture the last “lower high”. Let’s see if we can manage to re-weaken from here.
ETF Digestiv
As I struggle to stay awake after a big Thanksgiving meal (and we haven’t even gotten to dessert yet), here are a few thoughts in the caption area of these charts.
