NASDAQ Breaks Long-Term Trendline
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.
Sudden Death
My last few posts have been a coronavirus COVID-19 series, so I’m putting in the links here so as to refer back to them easily for now. These are the four posts so far.
18th February – Peering Through The Fog Around Coronavirus COVID-19
24th February – Some Genuine Coronavirus Numbers Coming Through
28th February – Falling Down The Steps
9th March – A Tale Of Two Cities
(more…)Blimey!
Because I am a deeply-troubled person, I spent my Sunday morning looking at centuries-old financial data from the United Kingdom. SlopeCharts – – which, if you’re not, you really should be using – – has a jaw-dropping amount of data in its economic database, and for a lunatic like me, it’s great fun just trawling through it. Here are some gems I found (descriptions captioned):
What Expiring Bubbles Look Like
The Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin’ fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow out.
Try To Spot the Trend
And this is a log scale. The arithmetic scale would look even more preposterous.
