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.
When I was a kid, Bruce Jenner was held up as an icon of athleticism and masculinity. We are truly on the other side of the looking glass, folks. I’ll tell you this, though: if he and Chastity Bono, another 70s figure, ever get married, I am done.
SPX has still not reached my wedge resistance trendline target in the 2130 area and might not of course, but my working assumption is that this uptrend will be incomplete until that is tested. I could be mistaken however. SPX daily chart:
Hmmm; SHJ seems MIA (I haven’t read comments, so maybe there’s info there). In any event, here’s one of my shorts whose pattern is squeaky clean. I think it speaks for itself:
Only minutes ago, an absolutely horrific Chicago PMI number came out, and the market, ever so briefly, reacted as it should have: it went down swiftly. But, in the New Normal in which we live, it certainly didn’t take long to shake off reality. After all, only the Fed matters. The actual “markets” were killed off in early 2009.
I’m back in Nilsson mode big-time, and I found the entire BBC program below. It’s well worth a listen. Relish the magic of Harry……….(R.I.P.):