Ever hear of Dupuytren contracture? Yeah, I hadn’t either, until a few weeks ago. Simply stated, this is an ailment that affects those of Northern European extraction (such as your 100% English buddy Tim) and causes one or two fingers to bend. My little finger basically cannot be straightened, and it was going to get worse with time, so on Tuesday I had a scheduled procedure that injects me with a chemical that’ll lay waste to the tissue and relax it. Yep, I’m destroying a piece of my own body. I’m actually typing this (awkwardly) after the procedure before the pain sets in, but I just wanted to say, in advance, if I’m not as prolific on Wednesday, it’s because 10% of my digits are out of commission!
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.
Go Blue Devils!
I took the first chunk of this ranking (which are all private schools, by the way). I’ve got to protest the tuition claimed, because I’m shelling out $90,000 a year! Anyway……..
Overseas Gap
Below is a chart over the past couple of years of IEFA, the worldwide equity fund (without including North America). Take note of that dashed line, which is at the price level 67.82. I would propose that, if we can stay below this price gap, this fund remains quite vulnerable to a renewed sell-off, since this is an important pivot point in the context of all this price action.
Yet Another Sinewave
Not that long ago, I never, and I mean never, bothered using the sinewave tool on any chart. These days, I’m becoming increasingly intrigued by the financial instruments which seem to conform to some kind of steady rhythm, and it turns out that my favorite ETF, the utility symbol XLU, has an intriguing relationship with this as well.
Rates Bottoming
Plunging interest rates (and Yellen’s little scheme from mid-March) have been the gasoline powering this rally. It is therefore important to watch for any kind of inflection point. The TBT (ultra-short fund based on bonds) is getting close to a crucial price gap, which in my estimation could be such a pivot point.
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