Zheng He and the Great Treasure Fleet. Painting by Michael Boss.
(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.
Strobe
OK, seriously, I think they’re doing this on purpose. This is XLE on a daily basis recently:
Roll Out the Barrel
This is a fascinating look at the breakdown of where all the oil goes……(click on it so you can actually read it):
(more…)Virtual Wipeout
Well, yesterday was my day in the sun for XLE, and today is TNRevolution’s. Just to show what a devastating effect a YOLO-style bet can make, take a danger at my virtual equity chart:
Stop WIGGLING!
Blind Squirrel mentioned yesterday that we’ve had well over 300 trading days without a single 5% pullback. Pathetic, isn’t it? What words leap to mind? Here are some suggestions: manipulated. Fraudulent. Fake. Canard. Illegitimate. Inorganic. You get the idea. Here’s the intraday chart of SPY for many months. Totally, totally under the thumb of that treasonous bastard Jerome Hayden Powell and butt buddies like Robert Kaplan who was actively trading the markets (and even equity futures!) while his friends were actively pumping trillions of dollars into the “market” to guarantee profits. These people are all criminals and should be put away for life.
