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.
The View From Here
From The Inside Out (by TnRevolution)
Have you ever seen a fight, where round after round a boxer seems to be landing blow after blow with no effect? But late in the fight, the boxer lands a simple body blow, and his opponent collapses. What happened? The boxer was beaten from the inside out.
The surface of things is not always as it appears. You must look inside to see the damage that is being done.
The Bear Case (by TnRevolution)
Happy MLK weekend! Before I begin to dissect the current state of the bear case, please allow me a moment to celebrate and honor a great man.
"Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that."
- Rev. Martin Luther King Jr.
Throughout my life I have marvelled at examples of the differences between how the world operates versus how genuine men and women of God operate. Take for instance the difference between how our current government/military operate versus how MLK led the civil rights movement in the 1960's. The U.S. military enforced violent change in Afghanistan, but it will not last. The world's method of change, through force, although realizing some short term changes, does not last. In contrast, MLK and other civil rights advocates during the 1960's endured violence, hatred, discrimination, and untold horrors….however their response was the key to long lasting change.
Checkmate (by TnRevolution)
Checkmate.
That moment between when an anticipated opportunity crosses the line to an inevitable outcome. The moment before the ship actually sinks….between when everyone knows the ship is taking on water, to realizing the ship is actually going to sink. Panic ensues from the moment of realization until the moment when the entire ship is sunken. The moment before a car crash, when you actually come to the realization that you have lost control of the car, and will crash. Today could very well be that day.
I posted two of the below charts earlier today in the comments section, as well as on SocialTrade. Why is today important? First let's look at an hourly chart of the SPX. This morning's high at the open made a near perfect touch of the 61.8% Fib retracement from the September high to the November low. Also, you will notice that coming off the November low, SPX has formed a very nice rising wedge. A break of this rising wedge to the downside could have very bearish consequences for a few reasons.
