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.
Euro Analog Has Been Incredibly Spot-On
I have been harping on shorting the Euro for weeks, and the analog just keeps unfolding beautifully. I think it'll be months before it turns around.
Not to Beat a Dead Horse, But…..
Friday Tumble or Bargain-Hunt?
I'm going to forego a video update tonight and give a quick overview of the indexes the old-fashioned way (incidentally, thank you to the handful of folks who did click Donate, prompted from last night's video; it is much appreciated).
Let me start with the closest I'm going to come to a "bullish" scenario (which is why I bought a very big slug of SPY after the close………just in case). This scenario provides for a bounce at this point to approximately the highest levels seen earlier in December. Below is the $HUI analog to illustrate this. Such a push would be the last bout of strength before big-time weakness kicked in.
It Really Is Summer 2008 Again
This is going to be quick…..I am seeing more and more stocks which are playing out their past history from 2008. So as fascinating as it is that indexes and currencies are aping their past lives, it's even more interesting to me that individual equities are doing the same (in some selected cases). Here's one example.
