Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

First 100 Days Since Election… Bullish, Right?

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On the surface, Trump’s 1st 100 days (since election) ‘comp’ well with JFK, as well as Bush 1 and Clinton.  Each of these presidents saw successful markets for the rest of the year.  From data supplied by Bespoke (whose premium service is a good market data source) I created this table showing the S&P 500’s ‘1st 100 days since election’ percentage, the largest decline from a closing high, the next 100 days and the rest of the year (ROY).

Bullish, right?  JKF, Bush 1 and to a lesser degree, Clinton would say so.

presidential 1st 100

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Orange, Black, Breakdown, Breakout

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Nonstop rain and flooding this winter (easily predicted by constant coverage of how California was going to be in a century-long-drought at that you-know-who blog) created big delays in airport travel last night, meaning that my pickup of family members at the airport didn’t happen until, oh, three in the morning. Having gone to bed at 4:30 a.m., I’m bright-eyed and bushy-tailed on this pitch-black morning.

Anyway, gold (which I am bearish  by way of a DUST position) is down nearly ten bucks as of this writing. Breaking that blue trendline would be a very good thing.

0221-gold

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