My last few posts have been a coronavirus COVID-19 series, so I’m putting in the links here so as to refer back to them easily for now. These are the seven posts so far.(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.
My last few posts have been a coronavirus COVID-19 series, so I’m putting in the links here so as to refer back to them easily for now. These are the six posts so far.(more…)
My last few posts have been a coronavirus COVID-19 series, so I’m putting in the links here so as to refer back to them easily for now. These are the four posts so far.(more…)
My last three posts have been a coronavirus series, so I’m going to be putting in the links here so as to refer back to them easily for now. These are the three posts so far.
I live in Chester in the UK, and the government here has been gearing up heavily for a coronavirus COVID-19 outbreak. There have been dedicated facilities set up to test and treat those affected for several weeks now, and the government has made it very clear that it will take strong measures to combat any COVID-19 outbreak here, up to and including shutting down travel and quarantining entire cities if necessary. As the evidence so far worldwide suggests that a strong response can contain an outbreak this is very reassuring.(more…)
Well it has definitely been a week to remember, with the coronavirus outbreak taking position front and centre. I was expecting a strong reaction as and when this penny finally dropped, though not this fast I have to say. Let’s review the bigger picture on SPX first.
On the bigger picture I was noting (notes on the chart) at the start of February the stats after the relatively small decline that we had just seen, and we saw the 20% odds reversal candle that sometimes follows such a decline. At that point there were even odds of resuming either the weekly upper band ride or the decline, and SPX has taken the second option, and is now (overnight) below the lower target at the weekly lower band in the 2950 area.(more…)
Note from Tim: I’ve put together what I consider a fairly important and, hopefully, useful market update video for Gold and Diamond members which you can get to here. In fact, I consider it one of the most important market updates I’ve ever done.
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Following on from my post last week about the coronavirus COVID-19 here, we are now seeing some genuine coronavirus numbers coming through, and the numbers at the weekend weren’t great so equity markets are down this morning in response. How bad was the news? Here are this morning’s numbers:(more…)
This is an unusual post for me, in that it is not about the markets, but rather about an issue that might be a strong influence on the markets over the next few months, namely the current coronavirus outbreak that has so far been mainly confined to China. I’ll be reviewing what appears to be the cases so far from both official and unofficial sources, and share what I’m watching to assess whether this is likely to remain a mainly Chinese issue, or might spread much wider to become a worldwide one.
Regardless of the numbers though, some aspects of life in Wuhan continue as normal. Here is a recent image of a local resident out walking their dog in a familiar scene that might currently come from any number of large cities in China:(more…)