Even though there are weeks left in 2024, we’re already seeing the “summing up the year” stuff come out. It’s just like Christmas – – every year, it starts earlier.
Reader’s Digest
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.
Healthy Digestion
There are a couple of properties that characterize my life. One, I spend a huge amount of time alone (God help me), and two, I spend almost all of that alone time either reading or writing. One of the “reads” I enjoy most each day is Slope’s own Daily Digest, which gets shipped out to everyone who wants it at 2 p.m. PST every day of the year.
I’ve heard some of you haven’t been getting it, so we did some cleaning and fine-tuning of our email system last night, which should expand its reach. You can control whether or not you get this digest on your Profile page, and if you expect it and don’t get it this afternoon, please drop me a line!
IMHO STFU
My hand to God, it’s impossible to believe that Zerohedge was once a critical, discerning, bearish publication. It is absolutely slathered, from top to bottom, with a combination of wild-eyed bullishness, unalloyed fan-boy-level Trump-worship, and disdain for any views other than Tyler’s. It’s getting close to the point where, after 15 years of daily reading, I’m just going to pretend it doesn’t exist. I’ve already stopped posting there. I’m kind of sick of it. Here’s a tiny sampling just from the past few hours.
No Knockout Punch
As you might guess, I’m not exactly a fan of boxing matches. Still, everyone in the country was quite aware of the Tyson/Paul fight that was broadcast live on during the weekend. As you also know, Netflix was slammed by the media for not having the bandwidth to provide a reliable video to that many people watching at the same time.
Huge News Week
It’s election day today and that is one of the two big news events this week that we are aware of, the other being the Fed decision on interest rates. There is a possible setup here for a substantial decline and also for a high retest and when that news is in we may well be see one or the other.
In terms of the high retest, the retest of the low yesterday set a possible daily RSI 5 buy signal brewing on SPX. If that fixes that could support a high retest from here.
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