One of my favorite comics, the late, great Gilbert Gottfried (not the late, great Hannibal Lecter you’ve heard so much about this week) often said his secret fantasy was that he’d be backstage the club, waiting to go on, and the club’s owner would come back and tell him there had been a flood and, here’s your check, you can go home. I’m afraid in recent weeks that’s precisely how I’ve been feeling, which is utterly uncharacteristic of my entire life. That feeling had better change soon. In the span of just four weeks. from April 19 to May 17, the markets have all exploded to lifetime highs, with the /NQ alone adding about 1,800 points. That’s more than ten percent. In four weeks.
(more…)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 Gas Sine Worked!
I know a lot of folks here are ga-ga over natural gas. I am so delighted to see that its long-term sinewave, which I’ve talked about off and on for the past year, continues to perform.
China Pullback (by LZ)
China keeps coming into my social media feed thanks to the rally there.
(more…)Political Perceptions
Last Stop (by LZ)
SPX coming up the resistance formed by the 1929-2000 tops, worked as resistance in 2022.
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