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.

Eight ETFs

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Well, there’s no doubt about it. I miss my bear market terribly. And talk about feeling abandoned! ZeroHedge, once a save haven for equity bears, gets more ravingly bullish every single day, with their latest missive calling for a ‘melt-up’ to 4150. I remain heavily in cash – 40% – and my market confidence these days is in absolute tatters. What scares the piss out of me is that, following the next three days of big earnings events, if the market declares them Not So Terrible, it could supercharge what already has been an agonizing run-up in prices. Thus, I remain super-cautious. To help tease this out a bit, below are eight ETF charts, and a few words about each one.

I find this one intriguing, since we’re getting within range of a major price gap. I’ll give it more time. The closer it gets, the more intriguing it becomes.
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Final Pre-CPI Look

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I’m sorry this post is on the late side. The excitement of yet-another-dog (albeit temporary) in my life has occupied quite a lot of time. So – – on to the business at hand.

I hate to say it, but tomorrow is a make-or-break day. At the risk of being simple-minded and dichotomous, I think tomorrow we either (a) begin a meaningful new counter-trend rally or, God willing, (b) have the kind of shock event which, at long last, sends the /ES vaulting beneath support. If I had any sense, I’d be scared to pieces about tomorrow morning, but I’m oddly sanguine.

Below are fifteen charts of key ETFs. I’ve got a few things to say about each one, which I’ve put in the caption area. The first three will get us started, and the final dozen are visible only for paying members. So here we go.

Here we have the worldwide stocks (sans North America) has has been a sensationally-clean top. What’s fascinating is that the progression lower has been steady, relentless, and almost perfectly cyclic. A new leg lower seems just around the corner.
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