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.
My posts sometimes reflect the kind of hand-wringing, what-could-go-wrong mindset that is so endemic to my troubled soul. This time, I’d like to be an optimistic pessimist and speculate on what could go right with the bear case in the short- and medium-term.
The market will be smellin’ Yellen on Wednesday, and between that and the Fed minutes, that could jostle things (to say nothing of the various and sundry geopolitical tensions simmering all around the world). Looking at the Dow Composite, a drop to the lows we saw earlier this Spring seems altogether feasible, if not likely: (more…)
We have talked about what is negative for the US stock market. From the signal in the banks vs. S&P 500 to a young uptrend in long-term T bonds vs. the S&P 500. Here is the 2011-2014 market leading BKX-SPX in breakdown mode.
What I decided not to buy yesterday from my local Whole Foods:
Today’s Swing-Trading Watch-List:
Long Tempur-Pedic (TPX)
Add this one to the list of IPOs of 2014 that accomplished nothing more than lining the pockets of the founders/bankers and burning up the cash of a naive public. What a piece o’ crap!
SPX broke back over the daily middle band yesterday, and bears need a swift reversal or the next obvious target will be a test of the daily upper band, now at 1896.5. SPX daily chart: