I had a vague sense that magazines were slowly losing ad sales, but I had no idea it was this dramatic. During the Internet bubble, one magazine – – I think maybe Wired? – – got absolutely HUGE, approaching 400 pages, because of all the ads. It was insane. These days, a strong breeze would blow a copy of Wired away.
(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.
Solana Approaching Main Bull Flag
After my post on Thursday there was a modest retracement on Crypto but there was no technical damage on Bitcoin (BTCUSD). That held the daily middle band perfectly on the last backtest and the obvious next target is a retest of the last high at 69.5k.
If Bitcoin continues higher from there, the larger bull flag that has broken up has a target at a retest of the all time high at 73,802.641.
(more…)The Endless Meander
Does the stock market seem “stuck” to you? It isn’t your imagination. For the past eleven months, the percentage of stocks above their 200-day moving average has been drifting between about 63% and 81%, never giving the bulls or the bears any clear ownership of the market. It takes real work to dig into the market and find meaningful opportunities in 2024!
Miami Nice
I truly had no idea Miami, of all places, was such a hot real estate market.
Bond Failure
You won’t hear me talking about bonds going into a bull market anymore. The chart is simply too broken, and this actually makes a certain amount of sense, because inflation and higher interest rates are indeed on the way, and that doesn’t align with a bond bull market anyway.