There simply are no words left at this point.
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.
Just as the right triangle predicted……….
While our own markets made ungodly lifetime highs day after day, the also-propped-up-by-the-government Chinese stock market isn’t having quite the same success.(more…)
Well here’s quite the contrast. Below is the DIA (the Dow Industrials), which is at the highest price level in the history of the universe.(more…)
Below is a chart over the past couple of years of IEFA, the worldwide equity fund (without including North America). Take note of that dashed line, which is at the price level 67.82. I would propose that, if we can stay below this price gap, this fund remains quite vulnerable to a renewed sell-off, since this is an important pivot point in the context of all this price action.