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.

Gobbling Garlic Cloves

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The symbol $SPXEW/$SPX is a ratio chart which divides the equal-weighted S&P 500 by the “normal” oh-so-heavily weighted S&P 500. It illustrates market breadth. In a perfect world, it would be a flat line, showing that all 500 stocks were moving up and down perfectly together. Instead, the ratio chart shows a severely degrading situation, emphasizing the eroding breadth of the market.

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