The Twitter account below has 29 times as many followers as I do. I think my tweets are pretty good. And all this other account does is say "BONG BONG BONG" every hour (the quantity of bongs dependent upon the time of day).
Sigh.
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.
Some Unusual Contrarian Longs
Soft Data for Canada and U.S.A.
Data released on Monday was soft for Canada and the U.S.A., most notably a decline in Canada's GDP, a rise in the U.S. Core PCE Index (which excludes food and energy…and Mr. Bernanke's been blaming the cost of gas for a rise in inflation…hmmm), and a decline in U.S. consumer spending, as shown on the graphs below.
BJ’s Suddenly No Longer Popular
BJ's Restaurants (BJRI) broke its symetric triangle on Friday, and it's starting to pay the price now. I don't have a position, but if we retrace to the underside of the broken triangle, I'll be shorting this.
Occupy and The Bottom
Remember the "Occupy" movement? Late last summer and early in the fall, all kinds of Occupy protests popped up all over the country. Goodness, it even came to my little town!
I think back on this, because I truly believe there is an inverse correlation between public rage and the financial markets. When things are soaring (like now), the sheeple are fine to let the ultra-rich run right over them. Or, at the very least, the hippies don't get the press converage that they would otherwise.
But when the seams are starting to tear, then the public allows themselves to get pissed off at the powers that be.
