It’s pretty sad when China (of all places) is the hallmark of honest markets that represent true value. Maybe what they need is a good dose of Diamond Shreddies.
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.
Silky Smooth Sino Sinewaves
It’s refreshing to see a market move with graceful predictability. The Chinese ETF for the Shanghai Composite, shown below, has been flowing in a much smoother pattern than – oh, let’s say for example – the U.S. markets. A goodly portion of its likely drop is done, but it looks like a continuation down to about 31.50 is most likely.
Petrochina Short
Blowing the Big Burrito
I have no idea what the Mexican economy encompasses besides illicit drug smuggling and the manufacturing of diabetic citizens by way of Coca Cola, but whatever it is they make down there, it’s not going well. I remain cheerfully short.
