The V recovery continues, but at different levels of V-ness………(more…)
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.
Dillard’s is having a great day, having received a full-on blessing from no less than Warren Buffett, shoving prices deep into an enormous topping pattern. I actually tried to short some shares after this pop, but there are no shares to be had.(more…)
This was a thought-provoking graphic that came out today:(more…)
The first of today’s two events is behind us now, with retail coming in weaker than expected. After the big jump in June (up 12.1%) retail growth has become weaker (up 8.3%) and weaker (up 1.3%) and weaker (up 0.7%, the most recent report). So clearly the explosive bounce after the shutdown is dead.(more…)
Looking toward tomorrow, we’ve got just about the only scheduled events of the entire month happening – – the Fed meeting/press conference and, earlier in the day, the release of the monthly retail sales report. The hyper-kinetic “V” of the shutdown is well behind us, so the market is anticipating a more drab, dull 1% pop.(more…)