I guess the subject line speaks for itself……..not that there’s any bears LEFT out there, but still:
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.
The Only Bearish Blog Left
Slope, as you might suppose, is my favorite blog on the web. My second favorite, however, is ZeroHedge, and I’ve been an avid and daily reader for its entire existence.
Because ZH has been steadfastly bearish since its creation in January 2009 (which, interestingly, was pretty much the exact almost-to-the-day bottom of equities in general), the standard bromide out there is: “The bear market won’t start until ZeroHedge shuts down.”
Well, look, that’s NEVER going to happen. It’s far too successful a site. I obviously have no clue what their financials are, but they’ve got to be making hundreds of thousands of dollars a year (at least) on ad revenue, so they’re not just going to turn the switch off. (more…)
The Temporary Oxymoron
ES hit my preferred resistance trendline overnight and then again at the high this morning. There are now high quality rising wedges on ES, NQ and TF and, strange as it seems to use these words in this sequence, this is the nicest short term bear setup that I’ve seen in months. Looked at in detail on the video below. Intraday Video – Update on ES, NQ and TF:
The Perfect Ten
If I were to make a list of the things I want to write about, at the BOTTOM would be this stupid market, and at the TOP would be SlopeCharts. So – – get used to it – – you’re going to be hearing about my new favorite product a lot. At least until common sense returns.
Instead of doing a post of charts that would literally be about five feet tall, I’m going to provide you with the clean, simple URLs that will provide you ten really fascinating charts from the SWELL system. Just click any of these to see it in all its SlopeChartian glory. Enjoy!
Juvenile Delinquencies
Just for fun, I decided to use the SWELL database in SlopeCharts to see what charts came up with a “delinquencies” search (Yeah, OK, so maybe your definition of “fun” is different than mine).
I decided to click on a few of these. The results suggest that maybe things aren’t so super-peachy as everyone in the media is insisting. Just sayin’. (more…)