The Financial Spiral
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.
Painless
The bear market won’t be fully kicking in until the society as a whole is completely pissed off at rich people. That hasn’t happened yet. Because, see, if it had, you would NOT be seeing this kind of nonsense.
Defusing the Canard
“Everyone is bearish.” You hear it every day of the week. It’s right up there with “the check’s in the mail” and “let’s do lunch sometime.” It simply isn’t true by any measure, and rightly so. The number of stocks above their 100-day moving average is about 85% (effectively…………everything) with a ticker symbol).
Esteemed Trash
The “dash for trash” is reaching ridiculous extremes. Take a look at Carvana (CVNA) below, which is up many hundreds of percent in the past month. Do you think this is sustainable? Not me.
Volatility Approaches Support
The VIX hasn’t had a 17-handle for literally over an entire year, but it managed to do so on Wednesday. Please take note of the supporting trendline it is approaching:
(more…)
