Over the past eighteen months, the market has been absolutely flooded with money. In 2018, U.S. companies poured well over $1.1 trillion into buying back their own stock. In 2019, they’re doing the same thing, but at an even faster pace. Central bankers around the world have managed, intervened, and blasted a firehose of cash any time the market dared descend a tenth of a percent. And a hapless public has, of course, been gobbling up everything from Pinterest to Beyond Meat.
(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.
Two Junkies
It probably comes as no surprise to my readers that I’m not exactly the hard drug type. Choir boy. Eagle Scout at 13. All around good kid. You get the idea.
I have read, however, about the experiences of those who use powerful drugs, hallucinogens, and so forth. It’s the safest way to satiate my innate curiosity about just about everything. Heroin, for example, is supposed to provide new users with the most peaceful, euphoric, blissful state imaginable. The flip side of that is that when you come out of your drug-induced fantasy, you once again realize how awful life is, how much everything sucks, and the one thing that matters to you more than anything else is to get back to That Feeling which was so magnificent. And you’ll keep doing that until you die.
(more…)The Next Semi Upturn and Thoughts on Gold
Excerpted below is the Opening Notes segment from this week’s Notes From the Rabbit Hole, NFTRH 555. The report followed up this opening with extensive coverage and strategy for US and global markets, internals/indicators, commodities, precious metals (including weekly charts of the miners for a wider view this week) and much more. As usual plenty of stock charts were covered as well for a comprehensive report bringing us completely up to speed on today’s markets.
(more…)You Are Real
It’s hazardous to mix smart people with money. Here in the Silicon Valley, I’m surrounded by super-smart loonies that come up with the most ridiculous ideas, such as the notion of filling yourself with the blood of younger humans in order to sustain your own life.
Does Peter Thiel seriously want to be stumbling around at the age of 140? Even more important, do any of us want to see a 140 year old Peter Thiel inching his way toward the bathroom again, living day to day in a painful stupor? Yeah, I didn’t think so. Our present lifespan is just about right.
Anyway, of all the dumb ideas my wealthy neighbors wallow around in, this has got to be the most annoying one of all:
(more…)SlopeCharts Shows Trades
Ameritrade and ThinkOrSwim users – – great news!
We are continuing to plow forward with integrating brokerages with the Slope of Hope and SlopeCharts in particular. We made our first baby steps a couple of weeks ago with Ameritrade, and now we can do more.
As a reminder, clicking the dollar sign icon in the lower left corner of SlopeCharts invokes the brokerage dialog box. Once you’re logged in (using your normal ThinkOrSwim or Ameritrade credentials), you’re all set.
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