Remember the bearish formation on the CAC 40 (symbol /F40) I’ve mentioned from time to time? It’s still hammering out just fine, and a completion of this pattern would be a mon dieu moment.
I See London, I See France
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.
Lactose Intolerant
When I was a kid, the business fantasy in America was “if we could just sell one Coke to every person in China….……” Of course,, never did the folks in the 1970s dream of what the China/U.S. relationship would be these days, in which American cities are old and decrepit looking compared to almost any major Chinese city (of which there are hundreds).
Starbucks isn’t trying to sell Coke, of course, but they are trying to sell coffee, and they aren’t exactly setting the world on fire, since the oddly-named Luckin is smoking them.
(more…)Sacre Bleu!
Nailed China to a Tree
If I may engage in the exercise of patting myself on the back, my oft-repeated declaration that the gap on the $HSI was the target was prescient. I haven’t computed it, but this looks like 99.99% spot-on.
No Swoosh from China
Another day, another lifetime high. As we head into a phalanx of economic and political storms in the months ahead, the market continues to shrug its shoulders and roar higher, unencumbered by the least bit of fear. The Daily Swoosh is still with us, like a morning newspaper reliably delivered to the driveway.
