For thirty grotesque months, we have been suffering under the yoke of trillions of dollars of Free Fed Bux. For the first time in that entire shameful era, we have cracked the trendline on the /NQ which I believe will preface this year’s last major sell-off.(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.
At long, long last (OK, maybe a few days…….) freakin’ energy stocks are finally breaking down. God almighty, that took long enough.(more…)
I’ll start by saying that I believe we will resume notable weakness before this week is over. Maybe today. Maybe Friday. Sometime soon.
The core pattern driving this weakness, in my opinion, is the clean series of head & shoulders patterns among the intraday charts across important asset classes. Here, for example, is Ethereum futures:(more…)