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 Three Dows

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I look at 37 ETF charts every day, and three of them are based on the largest and best-known Dow Jones indexes. Let’s take a quick look at all three.

The first, and best know is the DIA or “diamonds”. As of Thursday’s close (which is when I’m composing this post) this has been moving steady-Freddy, not even challenging its short-term trendline. You can see where the rounded top almost broke down (horizontal line), but all Powell had to do was pick up the phone.

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Stop WIGGLING!

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Blind Squirrel mentioned yesterday that we’ve had well over 300 trading days without a single 5% pullback. Pathetic, isn’t it? What words leap to mind? Here are some suggestions: manipulated. Fraudulent. Fake. Canard. Illegitimate. Inorganic. You get the idea. Here’s the intraday chart of SPY for many months. Totally, totally under the thumb of that treasonous bastard Jerome Hayden Powell and butt buddies like Robert Kaplan who was actively trading the markets (and even equity futures!) while his friends were actively pumping trillions of dollars into the “market” to guarantee profits. These people are all criminals and should be put away for life.

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