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.
Everywhere you look – – green, green, green, lifetime highs, soaring charts, with one notable exception. Volatility, of course! The fear index $VIX has, in just 1.5 years, collapsed from 53.29 to almost the single digits. Indeed, there is only ONE time in the past decade it’s been even a little bit lower, and that was back on January 27th. This is about as low as it goes, folks.
I just whipped this up, showing the timespan between 1,000 point increments on the NASDAQ Composite index. As you can see, there was a 17 year drought until it got another notch on its belt. Buy AMZN, AAPL, NFLX, and FB while they are cheap, everyone!
On April 11th, we got our rock-solid, never-fail signal to short the oil market. Since then, every single trading day – – nine consecutive, as of this writing – – have been black candlesticks, in spite of an (insane) mega-rally going on with other assets.