Well, it’s nice to see at least ONE equity market getting blown all to hell. That’s Brazil. In a way, this collapse was neatly predicted by the ultrashort BZQ, which had a beautiful base. It has been a monster ever since.
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.
Harvey’s Song
Over the past year and a half, so many famous men have fallen from grace. They have lost fortunes, careers, and their freedom by being exposed for what formerly they were able to hide. The song below is about the mighty being humbled, and you could make it a theme song, virtually word for word, for Harvey Weinstein, Bill Cosby, Kevin Spacey, or just about any of the other dozens of men who are now suddenly social pariahs. And, if nothing else, it’s nice to listen…….
Serving Suggestion
Yeah, I know, it’s January 2018 all over again. Market is up every day. VIX is heading to the single digits. Bulls are ecstatic. Bears are suicidal. I get it.
All the same, I’d like to offer one possible pathway for the NASDAQ Composite, shown below. Because we’re experiencing the same kind of lifetime high in tech stocks that we did back around March 13, and it pretty much shot its wad at that point. Just a suggestion:
Why $10,000 Gold Will Not Be What You Think
By Avi Gilburt, ElliottWaveTrader.net
For almost 7 years now, I have been actively engaged in the online community relating to investing opportunities. In fact, my first public article about a specific asset was when I called for a top in gold back in the summer of 2011, when most were certain we were about to easily eclipse the $2,000 mark. However, my expectation was that the $1,915 region would likely put a cap to this rally, despite the parabolic rally we were experiencing in gold at the time. And, as we now know, gold topped at $1,921 about a month after my top call.
Ranges and Targets
Record highs everywhere. A volatility index crushed down to 11. Endless – – and quite correct – – optimism. Let’s take a look at this one chart, though:
