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.

Fed Targets

By -

Of all the “help” the federal government provided last year, perhaps the most distasteful was to have gobbled up ETFs from the good, honest people at Blackstone led by this decent, honest, and generous man. Here are some of the ETFs that the Fed bought with freshly-printed dollars. I offer these as more supporting evidence about how the interest rate world is turning, because they’re all turning south as these interest-sensitive instruments erode. It doesn’t matter that they’re declining. The Fed can always print up more trillions to cover any losses.

slopechart ANGL
(more…)

Getting Your Assets Kicked

By -

The market is about to get destroyed.

Want to know why? Because I’ve never had so little committed to it. Honestly. The amount of “bets” I’ve got on this market is a sum of money I could fit in my pockets without causing people to point at me. The market could absolutely crash, and I’d make hardly anything on it. So………..it’s about to get blown to pieces. That’s how the universe works.

Let’s get away from my self-image as a cursed individual and look at some specific charts.

The Dow Jones Composite, which hit a lifetime high intraday, is sporting a cool little shooting star pattern. I think it’s down-time.

slopechart COMP
(more…)