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.
The typical yo-yos were trotted out on financial television to tell people Everything Was Great and that the Economy Was Sound and that they should Buy Stocks Now. What a bunch of self-serving imbeciles.
Just one glance at the daily SPY chart tells you what you need to know; just one surprise could yank the carpet from under this market and send it collapsing into oblivion.
Back in 1979, when I moved from Louisiana to the Bay Area in California, I was asked a lot of strange questions, such as if I knew anyone in the Ku Klux Klan. People seemed to think that every white person from the south hated blacks and that we were all a bunch of fiery rednecks.
I didn’t understand this, even at a young age, for a couple of reasons. First of all, I had been around black people all my life, including being raised by a black nanny, and second, the kids in Moraga, California sured seemed a whole hell of a lot more homogenous than where I came from. If anyone should be asked about racial integration, it was them, not me.
(more…)Bob “Super Dave Osborne” Einstein died yesterday. Rest in peace. And remember, all Slope memberships come with Genuine Saskatchewan Seal Skin bindings.
Some time has passed since I wrote a more lengthy article, but not nearly as long a time as this gruelling bear market in cryptos – now 12 months long, and counting. So, in this article I’d like to rewind the clock a bit.
When we first saw our bull market top in cryptos, I did not fully expect a long bear market such as we’ve seen. While the March breakdown confirmed in my mind that the $3000 to $4700 zone would be visited again, I did not think it would take this long.
(more…)I’d like to point out a terribly well-formed head and shoulders pattern in Philip Morris International:
