The following 1-year daily charts of major world markets show that some of them have broken below their mid-year lows, while others are close to a retest.(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.
SlopeCharts is the best in what it does in so many different areas, but one that is often overlooked is its FOREX charts. Due to recent events, I’ve been very focused on the Chinese Yuan. If you go to the supposedly great thinkorswim platform, it’ll just stare at you stupidly if you type in the symbol (and this is a company that was bought for two-thirds of a billion dollars). With sweet little SlopeCharts, however, bang, it’s there instantly.
I was reminded of this because there’s a lot of chatter about the collapse of the Argentinian Peso. I was curious about this, so I zipped over to SlopeCharts and, God bless it, the chart came up beautifully.(more…)
Time to whine. Below are eight charts that I’ve suggested in the past as good shorts. Every single one of them is going great, and I suspect much, much lower prices are ahead. However……….I’m not in a single one of them. I simply look at them, chagrined that I waited so long, and far too hesitant to dive in at these prices. Congratulations to those of you who took the plunge. And, believe me, these are just a FEW of those that got away!(more…)
I am madly in love with SlopeCharts, and we’ve got a massive upgrade that I’m going to talk about this afternoon. For the moment, however, I wanted to let you know we added a new chart type – HLC – that one of you asked to be added. This is like the OHLC except without the open. It’s just a new choice on the toolbar, as shown in the inset.
As the SlopeCharts of credit card debt clearly shows, the gluttonous appetite for mass-produced garbage is almost limitless in America. Any chastening from the financial crisis is a distant memory at this point.(more…)
Another lovely morning in portfolio-land. Just to pluck one of my zillions of shorts as an example, here is the ever-so-classy, only-meant-for-intellectuals World Wrestling Entertainment:(more…)
Over the weekend, in the This is War post, Binkius wrote this important bit:
Rumors from the Trump White House say that the USA is thinking about cancelling trade talks and sanctions if the CCP attacks Hong Kong. This is one of the few brilliant things coming out of the White House. If the trade talks are dead anyways, playing the moral high ground gives Trump some deflection of criticism because he’s defending democracy in Hong Kong.
I would keep that in mind in the days ahead. For the moment, concerns about just such a thing are pushing some red onto the screen:(more…)