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I can only assume you follow me on Twitter (if you don’t, here’s the link), and last week I offered up this gem to my good followers:
Well, Mamie Eisenhower is apparently a loyal SlopeCharts user (all the more remarkable that she died almost forty years ago), but we’ve got our break:
Indeed, there’s red all over the place. Ostensibly, the reason for the NQ weakness is that Facebook (NASDAQ:FB) is catching a lot of heat. I seriously puzzle over Facebook. Apparently everyone in the country is logged on to it constantly, but I cannot help but ask…………why? What’s the point? Why bother? I check it out, grand total, maybe two minutes per week, and most of that is to maybe put a post into the Slope page there.
Anyway, as my PLUS users know, I’ve been speculating about something apocalyptic (however unlikely), so the balance of this month should be, well, worth sticking around for.
Amid upcoming central bank meetings and crucial macroeconomic data releases, market sentiment is poised for potential shifts. While broader market indexes may continue to...
This year, the S&P 500 has seen a remarkable streak of 17 new all-time highs, outpacing many previous years. Notably, Warren Buffett's Berkshire Hathaway has stakes in two...
It had to end eventually. Whether last week’s shift in the pole position endures is something else entirely. But for the moment, US equities are no longer leading the horse race...
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