A thoughtful Sloper (are there any other kind?) wrote me this morning to mention what a breathtaking setup was taking place on index ETFs vis a vis their 50% linear regression channels. (Party Pro Tip: use the aforementioned sentence, without the parenthetical remark, at a forthcoming social event; members of the opposite sex will gather and swoon). I hereby present to you my charts on this matter: (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.
This was a strange week. It was a week that disaster could have struck, but Bill Gross’ “1 in a million” estimation of the chances of default seems to have been spot-on. Boehner caved, true to form, and with Obama emboldened, you can be assured that Boehner will cave again in January. The only difference is that he’ll cave more swiftly. So nothing’s going to change. (more…)