This post is going to have nothing to do with charts, trading, indicators, analogs, unemployment, or anything else to do with money. It has to do with human evil, and it is prompted by something deeply disturbing I read last night. As I begin this post, I’m not quite sure what I have to say (and I hope I do not prove this by continuing with the submission of this post), but I know it’s bothering me. (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.
SPX Levels to Watch Ahead of Jobs Report
What is important now technically heading into tomorrow’s Jobs Report? (more…)
Homebuilders Remain Vulnerable
One of the very few bright spots for me today was Ryland, shown below, which is a homebuilder. As interest rates continue to creep up, real estate and related industries are looking increasingly prone to slippage. I’ve tightened up my stop to 41.56 and could see this getting to the mid- or lower-30s in the next couple of months. (more…)
Longitude
The Analog is Painfully True So Far
Last month, on July 13, I did an important post about an analog I was seeing with the market – – the Russell 2000 in particular – – which called for an explosive final move higher. The data points I was observing were labeled 17 and 18 (that is, with 18 being the final high), and in my post I wrote: (more…)
