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.
Weak Bounce (by Springheel Jack)
This latest bounce has been weak so far, but I'm thinking there should be a bit more life in it yet. I just have two SPX charts today as I'm still on vacation until next Tuesday, and have been coming under a little domestic pressure to spend less time on the markets, but between them they pretty much say it all about where we are now. On the SPX daily chart we can see the main declining channel from the highs this year. That gives us our line in the sand resistance level in the 1200 area, as with a daily close above that the declining channel will be broken:
POTW: Civil Servants
This post's pissing and moaning is on the topic of civil servants.
By that I don't mean each and every civil servant individually. Some government workers are just fine and dandy. I've got no beef with the fellow who brings me my mail, or the utility worker who inspects my electrical panel, or the police officer directing traffic at the broken stoplight. They're all doing their job, and those jobs are needed.
Harry Boxer’s Charts of the Day
Originally published on TheTechTrader.com.
Removing Human Emotion (by Consistently Incredulous)
This past Labor Day weekend, I had an extra day off with some good drinks, an OpusX and some brats from the grill (and if you don’t know to pre-boil in onions and Lienes– shame on you). If my mother-in-law hadn’t come to town – life would have been good. But she did, and as always- she never leaves. Maybe not “never,” but two weeks of pain & anguish is a damn long time. So while my wife takes the self-inflicted hit (as well she should… I didn’t invite the harpy), the kids I have time to hide behind monitors… and I can author a post.
