The main reason I’m sharing this is because I’m such an unhinged sports zealot.
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.
One of my favorite shows, Last Week Tonight, had a hilarious segment last night showing the entire world what an inept clown Jim Cramer is – – fade his EVERY move if you are wise. $5,000,000 per year for the world’s WORST investment advice. Beyond belief! Anyway, enjoy:
As I was writing on Friday, SPX is testing major double resistance at the month middle band and a key trendline from the 2009 low. With a daily RSI 5 sell signal fixed on SPX, at least a decent retracement here looks likely, and that may develop into a decline into a new bear market low under 3491.58.
SPX monthly chart:(more…)