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.

Final Pre-CPI Look

By -

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.
(more…)