A favorite of mine from the late Norm Macdonald. This is actually the entire interview, but I’ve zoomed to the relevant timestamp. There are other clips with just the coffin piece, but the audio isn’t nearly as good.
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 Unfathomable Debt
Failing At Strong Resistance
The main resistance for the downtrend on SPX since the all time high is twofold, and those two resistance levels are currently crossing.
The first level is the monthly middle band, which has a long track record of acting as main support in an uptrend, and main resistance in a downtrend. That is currently at 4173 and the high this week was at 4169, so that was an almost perfect test.
The second level is the trendline from the 2009 low that was resistance in 2010, then resistance for multiple tests in 2012-14, 2018 & 2020 until it was broken hard in the collapse upwards after the 2020 low. After that was broken as support last year it has held as resistance twice, and has seen a third test this week that has held perfectly so far.
(more…)Garden Party
Cathie Down Wood
Even over just the past year, Cathie Woods has massively under-performed the simple QQQ ETF. So why does this lady appear constantly in the media? Because of 2021? It’s over!
