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.

Relative Victory

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Well, since China continues to completely fail in their obligation to nuke Taiwan, the equity markets keep ripping higher, since evidently a couple of weak days this year (June 9th and 10th) was all that was required to undo the damage wrought by the past thirteen years of screw-ups and $32 trillion of bull welfare. Oddly, in spite of the bulls smirking and fellating their way to victory, I’m having quite a good day, thanks principally to the fact that oil is crumbling (in spite of its enormous pop early today). Here we see this by way of SlopeMatrix:

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Perpetual. Dicking. Around.

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From May 27th through June 8th, the market was absolutely stuck in the muck. Tick after tick, hour after hour, and day after day, the market just kept grinding away, driving bulls and bears equally mad. Until, of course, that glorious June 9th and June 10th plunge, followed by a few more days of bear domination, all of which sadly terminated on June 16th, which feels like about nine years ago.

The exact same thing has been happening lately, in exactly the same place.

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