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.
Two-Handed Tuxedo
We awake this morning to an interesting bifurcation in the market.
On the one hand, we have a market poised to explode to new lifetime highs on a virtually daily basis. It has many things going for it. (1) ALL news, no matter it is, from nuclear war to new toenail-clipping technology, is interpreted as good news for the market (2) Many important indexes have experienced lifetime highs or, if not that, breakouts above resistance trendlines (3) the S&P 500, represented by the /ES chart below, has finally conquered its February 1 price gap, and there is a powerful bullish pattern beneath this horizontal which has the market poised for what seems to be a powerful vault higher.
On the other hand, there’s Dennis.
