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.

Friday Tumble or Bargain-Hunt?

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I'm going to forego a video update tonight and give a quick overview of the indexes the old-fashioned way (incidentally, thank you to the handful of folks who did click Donate, prompted from last night's video; it is much appreciated).

Let me start with the closest I'm going to come to a "bullish" scenario (which is why I bought a very big slug of SPY after the close………just in case). This scenario provides for a bounce at this point to approximately the highest levels seen earlier in December. Below is the $HUI analog to illustrate this. Such a push would be the last bout of strength before big-time weakness kicked in.