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.

Coming Soon – Mean Reversion

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I’ve been talking in my last few posts about expecting a significant high at the end of November, to be followed by a downward cycle into April 2020, and here we are at the end of November, so how’s that looking here? Well as it happens a rare and significant event happened at the close today that confirms the inflection point here and leans strongly towards seeing that retracement next.

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Dow Solid & Shaky

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Below are the thirty stock charts (zoomed in to what I consider appropriate portions) of the Dow 30 Industrials. I have broken them into two groups: solid and shaky.

The “solid” ones basically look like Internet stocks from late 1999. Absolutely insane straight-up madness. Beyond belief. Just itching to be sold. And apparently unstoppable.

The “shaky” ones, which are in the minority, have already started breaking down. So here we go……….(symbols and names are in upper left of each)

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