Not surprisingly, everything with a ticker symbol is up right now. Since the “truce” was announced (AKA total Chinese victory, getting three months breathing room in exchange for an unspecific promise to buy some farm products from us), it’s bright-Christmas-green. What the bulls will want to see will be a steady accumulation of strength right through the close tomorrow. What the bears (if there’s any left) want to see is any kind of “fade“. In other words, if we closed up “only” 35 points on the ES tomorrow, that would be a victory. The key line is that red one. If we cross above 2824.25, the bears better apply for jobs as greeters at their local WalMart.
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 would like to offer up one potentially very grim analog: