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.

Index Check

By -

I cannot allow myself to end the day without a substantial post, but here we go. I wanted to share a few index charts and a few thoughts on them, even though the market is seriously a big fat MESS at the moment. We begin with the NASDAQ Composite, about which I’ll make these observations:

  • We’re miles away from the lifetime high;
  • Only five weeks ago, it was falling to pieces, but Powell has created an end-of-year mega-rally with his words;
  • If we do start selling off, it won’t take long to get to support; like I said, the market is a mess.