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.

Money Flow for May Week Five

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Further to my last weekly market update, here is a summary of where money flow ended for Week 5 of May 2012.

The Weekly charts below of YM, ES, NQ & TF show that they all closed lower than the prior week…on slightly higher volumes on YM & ES and on slightly lower volumes on NQ & TF. With the exception of the NQ, the others have closed below their lower Bollinger Band, their weekly 50 sma, and trendline or price support…the moving average and trendlines are now near-term resistance. The NQ is still just within its rising channel from the 2011 low. 

As I mentioned in my weekly market update of April 13th, I’m assigning a weekly bullish or bearish rating on YM, ES, NQ & TF until the end of the year. Please refer to that post for the parameters, and to the Weekly charts below. As of this past week’s close, the ratings for next week are as follows:


Hedging Update: Social Media Stocks After Facebook’s IPO

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Hey fellow Slopers,

Last time we looked at the costs of hedging social media stocks, I mentioned Tim's bearish post on Facebook's upcoming IPO, and a bearish article by Bloomberg, citing doubts about the company by institutional investors. The bears have so far proved prescient, of course, as Facebook's stock has continued to deflate following its fizzled IPO. But this week I spotted one Facebook bull on Twitter, early stage tech investor Dave McClure:



McClure bet 37 Signals partner David Hansson (@dhh) a beer that FB would close at $40 or above on the anniversary of its IPO. In response, I noted the high hedging costs of Facebook suggested Hansson was more likely to win that bet: