Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
Some of you may remember the brilliant videos that Super Deluxe came out with two years ago during the debates when we had, what, about 57 different Republican candidates? This compilation is hilarious.
I spent Friday evening thumbing through the index charts, and I’m afraid I will offer the same overall conclusion I had a couple of weeks ago: specifically, that the markets were poised to blast off. Mercifully for the one or two bears left on the planet, the last time I speculated about this possibility, Turkey, and then China, shook things up. However, this brief resurgence of trade war fears was swiftly abated, and most index stand, once again, at the doorstep of yet another big push higher.
Looking first at the Major Market Index, it has the same characteristics as everything else I am seeing: (a) higher lows; (b) selloffs that are increasingly shallow; (c) a well-formed base. This index is a bit different than most since it is so much lower than its own lifetime highs, but the base is potent nonetheless.
If you want to upset bulls, make your stock go down. If you want to upset bears, make your stock go up. If you want to truly upset either of them, make the aforementioned actions happen really, really fast. But what if you want to do BOTH? Infuriate bulls and bears alike? IMPOSSIBLE, you say! Nonsense. Just ask the new Steve Jobs.
I finally finished my final run-through of the last book I ever plan to write. Even though I had a bunch of Slopers do copyediting, and they found hundreds of errors – – I still managed to find another fifty that all of them missed! And, I’m quite sure, there are still errors lingering, but I think it’s just about as good as I can get it for now. I’m sick of this damned thing! Anyway………it’s coming soon.
My latest issue of Technical Analysis of Stocks & Commodities showed up in the mail today, and I was delighted to see this on the cover: