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.

Lifetime Highs Update

By -

Most equity indexes are moving to lifetime highs today, so let’s look at six important cash index charts and catch up.

Here is the Dow Jones Composite, which has pushed above its wedge pattern. Lifetime highs are paradise for the bulls, because there is, by definition, zero overhead supply, and the psychological “virtuous cycle” kicks in (plus Record High is always a media-friendly headline).

(more…)