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.

Inflection Point Here

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Equity markets ignored the sell signals yesterday and kept on going up. As we open this morning markets are now at a significant short term inflection point on ES, TF and NQ. The bear option is that all three are overthrowing rising wedges, which would then break down and retrace. That retrace would tell us a lot about the significance of last Thursday’s low.

The bullish option is that all three are in rising channels, and that the obvious next target on SPX would be at a retest of the last rally high at 1947. We should see which way that’s going to go this morning. I’m leaning towards the short option but if SPX can get back over 1920, then the bulls have likely won the inflection point.

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Part 1: The Inevitable Crash (by Wim Grommen)

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Preface from Tim: I received what surely most be Earth’s Longest Post from a reader, who was kind enough to share it here. I’ve broken it up into three parts, each of which is big enough to be seen from space, and I’ll spread these out over three days.

New stock market crash inevitable

Every production phase or society or other human invention goes through a so-called transformation process. Transitions are social transformation processes that cover at least one generation. In this article I will use one such transition to demonstrate the position of our present civilization and and that a new stock market crash is inevitable.

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The Rise and Fall of American Growth

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A thoughtful Sloper recently bought me a new book called The Rise and Fall of American Growth which you can see on Amazon by clicking here. I’ll save myself some typing and just paste a partial description of the book from the publisher:

In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, home appliances, motor vehicles, air travel, air conditioning, and television transformed households and workplaces. With medical advances, life expectancy between 1870 and 1970 grew from forty-five to seventy-two years. Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth provides an in-depth account of this momentous era. But has that era of unprecedented growth come to an end?

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