I got two letters from the IRS today. This would normally be concerning, but I’m not, because I know exactly what’s inside them. The reason? Because I get the same two letters every single month, like clockwork.
Nickel and Dimed
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.
Good-Bye, Cruel World
First off, don’t worry. This isn’t a suicide note. Although I can hardly stomach the market right now, there’s no way I’d do that to my premium subscribers (as for the free accounts, yeah, help me tie this hangman’s noose, if it’s not too much trouble).
Instead, this post is intended to share some thoughts on how I spent my Saturday at a music festival called Cruel World, which is about as out of character for me as dressing up in a garter and high heels. Hanging out in Southern California (don’t like) with other human beings (don’t like) in the sun (don’t like) is just not my cup of tea. I’d much rather me in a dark room with a laptop.
All the same, I did go down, along with the twelve hours of driving required to get to and flee from the place. I am very much a child of the 1980s, and since the musical was ostensibly from that era, I was at least able to join a portion of the music to some degree. However, I’ve got to say, out of 100,000 people (literally), I was, in my estimation, the only person in the entire mob that wasn’t clinically psychotic.
(more…)In Honor of Aurora
One. More. Try.
In a twenty-three-month period of frustration and disappointments (yeah, the bear market seems to have smothered to death in mid-June 2022, and them cremated on October 13, 2022), perhaps one of the biggest disappointments is the Dow Utilities, which I’ve mentioned a few billion times. The $UTIL had an amazing diamond pattern, and still does, but its explosive move higher, particularly over the past month, has been jaw-dropping.
Price Filtration
Given the lunatic price moves in meme stocks, I wanted to highlight an easily overlooked feature in SlopeCharts called Show Unfiltered Bars. By default, it is unchecked, but you can “force” it to show raw price data by checking it.
