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.

Rationalize THIS

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Yesterday evening’s Nvidia earnings slapped on trillions of dollars of recovered market value to stocks around the world. The chart of the /ES below shows the beneficial effect of the NVDA news (green arrow). This was augmented, but only slightly, by the jobs report which showed the unemployment rate had increased to 4.4% (more realistic figure: 24%) and that monthly earnings had increased less than expected (0.2% instead of 0.3%). Thus, as shown by the red arrow, the /ES got up to about a triple-digit overnight increase, with the /NQ up almost 500 points. Zowie!

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One Nuclear Bomb Can Ruin Your Whole Day

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Like many of you, I grew up during the Cold War. For my entire childhood, the U.S. and U.S.S.R. were the bitterest enemies, and there was always a lurking fear that someone would press “the button” (wherever it was) and bring all life on Earth to an end. It didn’t make for a great atmosphere, although in retrospect it at least helped most politicians in our own country more-or-less get along with each other. Few things unite a people more than a common enemy.

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