As we await another Jawbone Recovery to play itself out…….
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.
The Only Chart You Need
China’s Shanghai Index: No Longer A Market Leader
Take a look at this monthly comparison chart of the S&P 500 Index (SPX) versus China’s Shanghai Index (SSEC).
While the SSEC literally exploded during 2007 compared with the gains made by the SPX, and made an anaemic attempt in 2015, it’s, essentially, gone nowhere since mid-2015.
That’ll Do, Pig
Today was by far my best day of 2019, thanks to Trump urinating all over the faces of the Chinese. That’ll go over well, I’m sure. Anyway, now that the China/US bridge is burned beyond recognition, things are getting interesting again. Below I’ve marked some potential bounce levels for a few cash indexes. I am still very short – 75 glorious positions – but, for obvious reasons, paranoia courses through my veins, although at this point the man’s mucked it up so bad I’m not sure how he’s going to un-paint himself out of this corner. Anyway, I’ve said a few words in the caption area.
