Mad Hatter Bar
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.
So There’s Five K
Time to celebrate, bulls! After bottoming at a Satanic 666 in 2009, the S&P (by way of the /ES futures) finally reached the Big Round Number of 5,000. Congrats!
What a Card!
The market had been slowly slipping lower all night until it ripped higher. And why would that be? Because NYCB didn’t go bankrupt. That’s the big news. A bank was supposed to die, but it’s not dead yet. That’s why people are celebrating and pushing stocks from insanely overvalued to super-duper insanely overvalued.
Fearsome Breakouts
For a long time now, I’ve been able to shrug off the bull market based on the fact that the very long-term charts, including ratio charts, were topping out. I’m afraid even these long-term charts are breaking out to the upside. I’m not sure what this means. Maybe 100,000 is on the way for the Dow Industrials after all.
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Quittin’ Time
Although I don’t hang out in the comments section much, I always read the most popular comments each evening from the Daily Digest. I noticed that tonight, far and away the most like comment was from Arizona Slim, the elder statesman of Slope.
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