Just in case you are wondering where all those equity riches that Facebook and Google employees enjoy are going – – look no farther than my morning paper. These are the kinds of real estate ads you see here for mediocre houses in humdrum neighborhoods (that is, these are NOT the nice cities around here). You’re not going to see “Price Reduced” or “Motivated Seller”. No, no, no. Instead, you will see ads from agents showing you just how severely they can stick it to buyers by selling your dump at a far HIGHER price than the already lofty-listing.
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.
Week Wrap
This hasn’t exactly been a week replete with vividly-clear direction. The kinds of words that leap to mind when looking at recent ES activity are “sawtooth”, “zig-zag”, and “wild reversals”.
Another Poor Fashion Choice
Well, everyone on the planet is talking about Melania’s jacket:
Future Trend is LIVE!
I am delighted to announce another enhancement to SlopeCharts, which is the only charting platform I use. We have created something I call Future Trend, which does something I doubt any of you have seen anywhere else: it shows the next two YEARS of price data.
Now, let me stop right here and make super-dee-dooper crystal clear something that only an idiot or a lawyer would not understand: these projections are virtually guaranteed to be WRONG. Do you honestly think I have access to the next two years of stock data? If I did, I wouldn’t be running these stupid ads on the site and collecting pizza money? (This is another subtle tip that PLUS people are the ONLY people that keep Slope going – – hint, hint).
However, what we have done is created our own proprietary system which uses historical price data and seasonal trends to project an idealized and hypothetical path forward for a given security. Accessing this super-cool new feature is a cinch; just use the Hot Links menu:
Make ALL Markets Like This
One of the few broad charts that has been in a clear, defiant, screw-the-bulls downtrend has been emerging markets. Every attempt to artificially prop it higher has been smacked across the skull with a sledgehammer, and even yesterday’s ill-fated attempt to fake out the public has yielded nothing more than an island reversal pattern. If only everything else could look like this. Seeing the NASDAQ wiped out over the next five years would sure put a smile on my sour face, plus it would lighten up traffic where I live.




