Screen capture from Thursday’s episode of Bloomberg TV’s “What’d You Miss”.
(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.
Perfectly Pinned
For the entirety of last week, as well as today, the market has seemed exceptionally boring and dull. I was wondering if it was my imagination, but one glance at the SPY will confirm it. Here, for instance, is what the market was doing about a month ago.
Le Volume Est Mort
Volume drives markets, right? Maybe not. Just take a good look at this and be amazed at what’s going on with the oldest and largest ETF in the world, the SPY. The volume is (obviously) at the bottom, and you might as well get the paddles out, because I think this patient is dead.
VIX Death
The faint wisps of volatility are disappearing from the horizon, as the /VX futures grind to levels not seen since January of 2020 before the term “Covid-19” even existed:
The Thrill Is SO Gone
No, this isn’t me griping about being bored. I am, but you’ve had enough of that, I’m sure. I am simply pointing out that all the absurd fixation the world had on /wsb and GME is absolutely dying. Need proof? Take a look at GME volume. It is literally down about 98% from its January insanity. The stock has become totally boring.
