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.
Drag Race
I watched Trump’s speech last night, and although I’m certainly not going to get into politics here on Slope, I do want to at least note this: when he mentioned in carefully enunciated letters LGBTQ I had one of those “whoa!” type moments.
To be clear, I certainly have no quarrel with his (ostensible) expression of support. But can you imagine teleporting back to, say, the 1984 Republican convention and telling those folks from not-that-long-ago that their candidate in 2016 would proclaim his support for…………..transvestites? (I know the term is “trans-gender”, but we’ll use a more 1984-ish type term).
It’s bizarre enough that a real estate developer and reality television star is this close to the most powerful office on the planet. Pandering to cross-dressers, though – – – pretty wild stuff! One can only imagine what groups will be embraced in 2020.
U.S. Presidential Election Target for the SPX
Each candle on the SPX chart below represents 1/4 of one year.
Further to my post of June 27th, and, as shown on the following updated 20-Year Quarterly chart of the SPX, the 2016 Q2 candle closed today at a higher level than — on what was a previously potential bearish hanging man — the Q1 candle. This bearish reversal warning was not confirmed.
Instead, what we’re left with, at the moment, is a wide-range high-base consolidation for the past 6 quarters, with price now near all-time highs.
Suggestion for Hillary Campaign Theme
I’ve got to be gone for three freakin’ hours for end-of-year school conferences, so in the meantime, I offer you Rush’s The Big Money, with particularly germane lyrics boldfaced:
Big money goes around the world
Big money underground
Big money got a mighty voice
Big money make no sound
Big money pull a million strings
Big money hold the prize
Big money weave a mighty web
Big money draw the flies
From My January 9th Post
As awful as the attack in Orlando was, I don’t think it qualifies as the kind of “major” attack I was describing below. However, it’ll be VERY interesting to see what happens in the polls.
