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.
Last Thursday, when our bullish friends were circle-jerking each other off into a lifetime high bukkake-fest, the shrill giggles, nipple-twisting, and antique-shopping of the Men Who Love To Buy Stocks was in full swing-a-ling-a-ding-dong. My conclusion about the import of briefly crossing into 17,000+ territory? Simple: BFD.
Now that primary channel resistance has been broken. I’ve been considering the upside targets that are now in range as a result of that break. The first one is rising channel resistance from the 1814 low, and I have that currently in the 1995-2000 area. That looks like the obvious next candidate for a short term high area as I can’t see any reason here to think that the current high might hold more than a couple of days. (more…)
The following is an excerpt from NFTRH 298’s 38 pages of hard hitting, no b/s market analysis, which also included extensive work on the precious metals along with commodities, currencies, global markets and market sentiment.
NFTRH subscriber (7.6.14): “You should publish pages 15 and 16 of this weeks report. I would like to share it. It is a great summary of the current situation.” Pages 15 & 16 take it through the Dow chart below. I decided to go with the whole segment on US stocks. (more…)
(I dedicate the following post to Iggy, who has made service to dogs an important part of his own life): For over a week, I was alone. This is highly unusual, since my life is greatly intertwined with the lives of my wife and children, so I feel somewhat at sea during the extraordinary rare times that I’m on my own. However, over the course of July 3-4, we all got back together, one by one.
Upon picking up my little girl from a week-long gymnastics camp in rural southeastern California, 
the reunited family began driving north again. My wife got a text message from another parent who had left the same camp and was headed south through the Mojave desert. They saw in the desert a dog walking aimlessly. Since the dad driving the car is, like me, a tender-hearted sort, he pulled over, and the dog immediately ran under the car for shade. They got him a bowl of water, and he lapped it up. (more…)
It’s as simple as this: taxi cabs are to Uber what Barnes and Noble was to Amazon. Down she goes.
