Yesterday I made it known that we introduced this new page. We’ve made a number of improvements to it already, however, including – – importantly – – a Days from Now column, whose purpose I hope you can divine for yourself.
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.
Hi Ho, the Dario, The Farmer in the Hell
Agriculture sinking into oblivion…………
A Fifth-Trillion Dollars
It would seem by dark cynicism last night about the unimportance of the big trade news was well-founded. As always, this is about context. In a normal, rational market, a United States President openly declaring a trade war on the biggest economy on the planet and ratcheting it up with tariffs on $200 billion in goods would be a LIMIT-DOWN situation (followed by similar limit-down days, day after day, until he backpedaled). In this insane asylum, however, the NQ has already bounced 50 points off its panic low, and the ES is cheerfully healing itself.
Fool Me 666 Times, Shame on Me……
Well, surely you heard the news that Trump has ratcheted up the Chinese Trade War again:
10th Year U.S. Bull Market Run vs. ‘Summer Swoon’
Further to my post of March 10, we may be seeing the beginnings of a 10th year bull run, inasmuch as volatility of the SPX, NDX, and RUT has been attempting to stabilize recently.
However, this attempt is not yet a slam dunk. As noted on the following daily ratio charts of the SPX:VIX, NDX:VXN, and RUT:RVX, I’m still waiting for:
SPX:VIX ratio: a bullish crossover of the 50 MA above the 200 MA to form a Golden Cross
NDX:VXN ratio: a bullish crossover of the PMO technical indicator
RUT:RVX ratio: a bullish crossover of the PMO technical indicator
All other technical indicators must continue to hold their present bullish formations, and price needs to hold above their respective major support levels, namely: (more…)
