All equities edition again today as I’m still not feeling that well and I’m considering options for the next short term high on SPX. There are a number of important trendlines in the same target range so I’ll go through those individually. (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.
A Breathtaking Confession
Some of you may have seen this astonishing article in the Wall Street Journal (of all places). It is an amazing expose of the Fed’s QE program, inasmuch as an insider declares that it is, in his own words, “the greatest backdoor Wall Street bailout of all time.” (more…)
Insurance in Wonderland
The following is excerpted from the October 13 edition of Notes From the Rabbit Hole. The segment followed a review of NFTRH’s big picture stance on gold vs. various assets positively correlated to the global economy. Specifically, the previous segment concluded that yes, the NFTRH big secular view is under threat by a technical analysis signal favoring US stocks over gold on the big picture per this monthly chart of SPX-Gold. NFTRH first began managing this as the bottoming pattern broke above its neckline and then the EMA 10 crossed above the EMA 20 for the first time since 2001. (more…)
Meet the New Boss. Same as the Old Boss.
Greetings from the poolside of Chateau Ursa, where I enjoy the company of one (small) dog while the (much larger) dog snoozes inside. It’s a pleasant day in my most favorite of seasons. Oh, and before I forget, if you are on an iPad or iPhone and haven’t downloaded SocialTrade Mobile yet, please do so. (more…)
Blame Canada
Yesterday afternoon, it was declared that Janet Yellen (about whom, trust me, I’ll be doing an acerbic post later today) will be the new Chairhuman of the Federal Reserve. The ES started climbing, and even though I had 118 – – yes, you read that right – – 118 short positions, I was delighted. Why, Tim? Why would you feel this way? Well, young Sloper, I’m glad you asked: it’s because I wanted the ES to push back up to its broken trendline. It did so: (more…)
