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.

Massive Inequality

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I had dinner with a family friend on Sunday night who graduated from Georgia Tech. He mentioned to me that his alma mater now has 41 – – 41!! – – Diversity Equity and Inclusion officers. That’s quite a staff! I would suggest a few of them should be deployed to the stock market, because the inequality there is absolutely shameful. That is to say, if you divide the equally-weighted S&P 500 by the “normal” S&P 500 (which massively, massively over-weights the mega-cap stocks) you can see just how poorly the true market is doing, in spite of ever-soaring nominal values.

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Veni Vidi Vici

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In my premarket video on Tuesday I was looking at the setup and the historical stats and, was saying that a consolidation was likely to start the week and, then we would see what the bulls could do with the very bullish historical stats on Thursday and Friday. Well, they came, they saw, and they have conquered so far, so as it stands we now have the start of what could be a serious bullish break up on SPX.

Short term though, SPX is so stretched that the high on Friday was only three handles below the close on the daily 3sd upper band, which is a rare event, so I did what I like to do with rare events, I looked back and crunched some numbers looking at previous examples.

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PREMIUM: Same Point, Different View

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Note: This post is special enough to be labeled a premium post, which means that it is (with the exception of the paragraph you are reading now) visible only to Gold and Platinum subscribers. If you would like to try a risk-free subscription to get immediate access to all premium content, as well as the dozens of other features exclusive for paid accounts, click here to learn about your choices. Everyone is welcome to continue chatting in comments below (or, for a more free-flowing experience, please use SlopeTalk).

Summer Fed Spread

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Normally, I provide the Slope “Fed Spread” (explained in deep detail here) only to my beloved Gold and Platinum members each Thursday afternoon. Today I’m going to open up the kimono and make this a public post, partly because I feel bad there’s so much premium content lately, and also to tantalize you with the fact that the Fed Spread is going to get WAYYYYYYYY more interesting following the debt ceiling compromise, and I, for one, plan to hang on to every morsel of data slavishly throughout this summer as my principal source of guidance.

You might want to, ya know, sacrifice a latte or two each month and send Slope your money instead. I daresay it might pay for itself a gazillion times over. Up to you, of course. You and your sense of decency. So let’s move on.

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