Well, folks, this is where I’m going:(more…)
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’m glad we have the holiday behind us now, so we can focus on uninterrupted markets. No more holidays until September. Huzzah!
Although it’s not exactly a barn-buster. Nothing’s really moving.(more…)
I was playing around with the Future Trend function in SlopeCharts this morning, and the results I was seeing among ETFs was fascinating. Since Future is based on past price behavior, it is very, very, very biased to the upside, because – – in case no one mentioned it here on Slope – – central bankers have firehosed trillions of dollars of “money” at assets for the past eleven years, so things are tilted skyward.
With that in mind, let’s take a look at what is projected. The “diamonds”, the ETF based on the Dow Industrials, looks poised to continue marching in perpetuity. What I find really interesting – – and you’ll see this on many charts below – – is how obedient even future price action is with respect to the drawn objects.(more…)