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.
I finally finished my final run-through of the last book I ever plan to write. Even though I had a bunch of Slopers do copyediting, and they found hundreds of errors – – I still managed to find another fifty that all of them missed! And, I’m quite sure, there are still errors lingering, but I think it’s just about as good as I can get it for now. I’m sick of this damned thing! Anyway………it’s coming soon.
My latest issue of Technical Analysis of Stocks & Commodities showed up in the mail today, and I was delighted to see this on the cover:
WalMart had an incredibly good day today, but not all is happy in retail-land. Pier One, one of Slope’s favorite whipping boys, continues to march toward oblivion……..
We are back to an “Othello” market. Down one day. Up the next. Down the next day. Up once again. I have just described this entire week to you.
Although stocks are very strong at the moment, I would suggest to you that Brazil’s longer-term trend is still downward, and that the ETF shown below is quite vulnerable to resuming its tumble the moment the “buy” algos are off.
I’ve been mentioning recently how retail is one of the last remaining sectors to still look genuinely bullish. WalMart, the king of retail, proved this at the opening bell, vaulting nearly 10% higher (which, for a company this big, is as huge as its customers).