/cdn.vox-cdn.com/uploads/chorus_image/image/48619453/jackrose.0.0.jpg)
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.
Do Not Cross
The first week of February was down hard. The second week was up hard. And now, the third week, is a total muddle. I’m not going to pretend that I’m not disappointed that things have stalled out like this, but the silver lining is that we have violated key horizontals to the upside. We might – – nowhere does it say we couldn’t – – but I obviously hope we don’t! Here are the key levels for The Russell 2000:
Holy Guacamole
Strengthening bond prices. Surging oil. Strong equities. Grumble. Today is one of those “days to endure” for me. Ah, well. Here’s one idea to share: fallen angel Chipotle, which even with the recent bounce is still 60% off its peak. What we have here is a consistent series of lower lows and lower highs: the very definition of a downtrend.
Great Buzzard’s Guts
All you Netflix users out there might want to know that Lincoln is finally available. Below is its most iconic scene, and one which reflects when I think the time is for a meaningful stock market downturn to commence: Now! Now! Now!
I’ll do some charts later. Promise.
Taking the Knight Off
It’s one of those times where I’ve said all I’ve got to say! So I’ll just bug out and leave you with one of my all-time favorite comedy shows from when I was a kid. Enjoy! (And rest in peace, Robin)
