Just as the right triangle predicted……….
China Keeps Sinking
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.
It’s Not Working, CCP!
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.
Two Different Worlds
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.
Overseas Gap
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.
Blood Money
SPECIAL CYBER-MONDAY NOTICE: I rarely discount my subscriptions, and when I do, it is usually very modest. Not today. I’m eager for more subscribers, so I’m offering my Annual Bronze package for a Tim-has-gone-crazy 80% off. It’s $39.95 for the entire freakin’ year, so grab it now since it is only good today. You can see a list of all the goodies you get on this page.
